In the recent case of Kegran Pty Ltd v Warrik Pty Ltd (2018) NSWSC 1357, the Supreme Court had to determine whether there had been a valid exercise of an option to renew a commercial lease even though the method used did not appear to meet the conditions set out in the contract. The lessor had challenged the exercise of an option on the basis that the notice had not been properly served.
Szabo & Associates News & Updates
The recent decision of the NSW's Land and Environment Court has had global reverberations and environmental groups applauding. In Gloucester Resources Ltd v Minister for Planning, the Court considered a request for approval of a proposed coal mine. They considered this in the context of emissions of greenhouse gases and their effect on climate change, the impact on existing, approved and preferred uses of land in the vicinity, and the social implications it would have on the environs and the Aboriginal community.
The recent decision in Kai Ling v Rosengreen considered whether an option to purchase land had been successfully novated in favour of a substituted grantee.
According to a new survey from the Tenants’ Union of NSW and Marrickville Legal Centre, three-quarters of NSW renters have not reported a problem with their property to their respective landlord because they fear of being evicted on a ‘no grounds’ basis.
Over one million social and affordable homes are required by 2036 across Australia to address the increasing shortfall - 36,400 social housing properties and 14,800 affordable rental homes per year - according to a recent report by the UNSW City Futures Research Centre and Community Housing Industry Association (CHIA) NSW.