VIC Commercial Lease rent increase

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TOPNEW

Member
1 August 2022
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Hi there, my commercial monthy rent is due today and I was only given notice yesterday that my rent has increased by CPI and payable today. Is there meant to be some sort of notice period to increase the rent? I would have thought at least 30 days but i cant find any information anywhere. The lease does stipulate rent increases annually by CPI.
 

Rod

Lawyer
LawConnect (LawTap) Verified
27 May 2014
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Commercial leases say when the rent goes up - check your lease again.