SA looks after landlords with code of conduct
South Australia has adopted Australia’s most landlord-friendly code of conduct for commercial leases, with a property owner’s capacity to provide relief to be considered in any rent re-negotiations.
South Australia's code of conduct requires for the financial impacts of COVID-19 to be considered for both landlords and tenants. Photo: Shutterstock (Image source: Shutterstock.com)
South Australia has adopted Australia’s most landlord-friendly code of conduct for commercial leases, with a property owner’s capacity to provide relief to be considered in any rent re-negotiations.
The legislation takes into account that the concept of proportionality under other states’ codes of conduct places a disproportionate burden on landlords to bear the cost of tenants’ businesses hibernating through the coronavirus crisis.
In other st…
