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QLD Residential Property with a Commercial Lease?

Discussion in 'Property Law Forum' started by Mr T, 10 September 2014.

  1. Mr T

    Mr T Member

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    I need some help on the following:

    I am renting a residential property and have recently realised that I had signed a commercial lease. Is there a mistake here?
     
  2. Tim W

    Tim W Lawyer

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    Is it your principal place of residence (and has no other function),
    or have you rented it to use for business - like GP doctors sometimes do?
     
  3. Sarah J

    Sarah J Well-Known Member

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    Where is the property located? Is it located on a street of shops in a commercial area/property or is it primarily residential?
    Does the agreement allow you to carry on a trade or business?
    Do you believe the price is high for a residential lease? Commercial leases tend to be leased at higher rates than residential leases.
    However, it may be a case where the lease is titled "commercial lease" but it is in effect a residential lease.
     

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