QLD Commercial Lease and sale of property

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Active Member
26 October 2019
Can they waive it? Yes they can. Will they waive it? In my experience, unlikely. A landlord has a legitimate right to assure itself that the assignee is capable of meeting the requirements of the lease - and that includes being able to pay the rent.

Let's leave the ethical/compassionate aspect aside - there's an argument there that allowing someone to take over a lease which would ultimately fail and cost them more money in the long run is in itself unethical.

Ok thank you - they have however already viewed references and bank statements.