In NSW, leases must be registered with the Land Titles Office within three months of being signed. They are then publicly available
for a small fee over the counter in the Land Titles Office. This is a great
help for prospective tenants at major shopping centres who can see the true
rents being paid by shop owners, rather than the claims by the centre owners’
leasing agents. Somehow Westfield Bondi Junction, which opened 20 months ago, doesn’t
appear to have a single registered tenant judging by the fact that not
one lease was available for inspection at the Land Titles Office this
morning. How does Westfield manage to circumvent this regulation?
Unsubstantiated tips & rumours
In NSW, leases must be registered with the Land Titles Office within three months of being signed. They are then publicly available for a small fee over the counter in the Land Titles Office. This is a great help for prospective tenants at major shopping centres who can see the true rents being paid by […]
article-article-body
Crikey is committed to hosting lively discussions. Help us keep the conversation useful, interesting and welcoming. We aim to publish comments quickly in the interest of promoting robust conversation, but we’re a small team and we deploy filters to protect against legal risk. Occasionally your comment may be held up while we review, but we’re working as fast as we can to keep the conversation rolling.
The Crikey comment section is members-only content. Please subscribe to leave a comment.
The Crikey comment section is members-only content. Please login to leave a comment.