Outgoings Under Leases

Oct 20

It is common for leases of commercial and retail premises to require the tenant to pay, in addition to rent, both the tenant's own outgoings as well as the outgoings of the landlord.
This is a common source of confusion and disputes between the parties of leases.
There's no standard definition of outgoings, so you need to look at the terms of agreement to determine what outgoings are payable.
In most cases, landlord outgoings include government rates and charges, cleaning and maintenance costs and common property management costs.
When a lease is regulated under the retail leases act, a tenant is not required to pay some outgoings, such as land tax and certain costs of a capital nature.
It's wise to consult a lawyer to make sure you understand your rights and obligations as either a tenant or landlord.
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