Rent Determination

Our extensive experience and thorough knowledge of relevant state based legislation
allows us to provide invaluable guidance with regard to Market Rent Determinations.

We provide an advocacy role for our clients where independent valuers have been appointed to determine rent and have invited submissions from lessor and lessee, which is then taken into account by the valuer

This process can be a distinct advantage if understood and implemented well. The intent of a Market Review is to allow the rent to be adjusted at a designated time to current market conditions taking into consideration the terms of the lease and any applicable legislation where applicable. This is an opportunity to have the rent adjusted to an affordable level for the tenants specific use but if not managed appropriately an excellent opportunity could be lost.

Once again, this requires a good understanding of your lease and the terms contained within it along with any applicable legislation. If you are unsure of the process or any of the various aspects of a Market Rental Determination, we would be happy to help.

Ask an expert

Please fill in the form below and one of our friendly ALM team members will be in touch within 1 business day:

“I thought I was paying too much rent but didn’t know how to go about the determination process. Mark knew the legislation inside out and built a compelling submission that ended up with a significant rent reduction. Saved me tens of thousands over the term of the lease”

Wayne Duffy - Dulwich Bakery