A commercial lease is commonly referred to a retail or non-retail lease, these are non-residential leases. The commercial lease contract between the owner of the property (the landlord) and the party renting the property (the tenant), consists of provisions consistent with relevant legislation and common law principles. Retail leases deal directly with customers, such as …
Commercial Business Law Articles
Commercial Business Law Articles
Contract Frustration in Queensland
Contract frustration occurs if, through no fault of either party, an event has caused a contract to be unable to be performed without changing the essence of what was agreed, a contract will be considered frustrated. Or in other words, if the contract is radically different from what was agreed upon. This issue has become …