Morning I have some question about commercial rent relife, VIC, I have two shop with the same landlord. I closed one

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Customer: Hi morning I have some question about commercial rent relife
JA: What state are you in? It matters because laws vary by location.
Customer: VIC
JA: What steps have you taken so far?
Customer: I have two shop with the same landlord. I closed one shop. But he keep asking me to pay 75% of rent because we are not apply job keeper
JA: Anything else you want the Lawyer to know before I connect you?
Customer: than the other shop doing well
Answered by John Melis in 7 hours 1 year ago
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John Melis
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John Melis, Expert

Hi, I’m John, solicitor, and reviewing your post, and may need to ask a few questions a long the way to assist you.

Under the Code of Conduct, landlords will be required to reduce rent proportionate to the trading reduction in the tenant’s business caused by the coronavirus pandemic through a combination of waivers of rent and deferrals of rents.

Landlords must offer waivers of rent no less than 50 per cent, while the balance must be in the form of a rental deferral.

The payment of the rental deferrals must be amortised over the balance of the lease term and for a period of no less than 24 months.

The code will cover commercial tenancies, including retail, office and industrial, and will be eligible for SME tenants with an annual turnover of up to $50 million.

These SME tenants must also qualify for the government’s JobKeeper program.

In respect to further information in regards ***** ***** relief issued by the Australian government I invite you to copy and paste the link below into your browser:

https://www.pm.gov.au/sites/default/files/files/national-cabinet-mandatory-code-ofconduct-sme-commercial-leasing-principles.pdf

Thank you for reaching out today.

You have a legal right to protect your interests in this important situation.

I am a user like you in this chat forum to assist in your important question today.

Thank you kindly for rating me with 5 stars, which helps me support the community.

You can come back to this post any time to ask questions without additional charge.

I hope I have assisted with answering your important question today, and thank you for supporting the community.

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