Outgoings such as taxes, body corporate fees and electricity can significantly increase the amount payable under leases. Outgoings under leases are commonly estimated and then reconciled annually. Some third party leases are unclear or ambiguous and in some accounting can performed on differing bases. Failure to pay outgoings properly payable is normally a breach of the lease.
This can typically give rise to damages and possibly even termination of a lease.
Leasepro has the expertise and experience to guide you through rent assessments and reviews with clear and practical advice regarding your rights and best options. Get in touch for no-obligation information about how we can help you.