Dear Valuable solicitors,
I am in a dire position at the moment and need your advise. I have taken a lease in August 2019 for a shop in Sydney. There is no real estate agent involved and direct owner has leased it. The owner had sent his representative to show me the shop and based on this, I had accepted the rent. However, after signing the contract, his solicitor sent the Lessor disclosure statement (which was not sent to me at all). The next day, they modified the area of the premise in the disclosure statement once again without consulting with me or my solicitor. Due to this, the shop is of very limited use. I tried to contact the owner in this regard; however, he doesn't want to lease the previously mentioned area.
I have already spent almost 25000 dollars to get the council approval and shop fitout; however, I am willing to come out of the lease. What are my options? I am happy to talk to someone in person.
I am in a dire position at the moment and need your advise. I have taken a lease in August 2019 for a shop in Sydney. There is no real estate agent involved and direct owner has leased it. The owner had sent his representative to show me the shop and based on this, I had accepted the rent. However, after signing the contract, his solicitor sent the Lessor disclosure statement (which was not sent to me at all). The next day, they modified the area of the premise in the disclosure statement once again without consulting with me or my solicitor. Due to this, the shop is of very limited use. I tried to contact the owner in this regard; however, he doesn't want to lease the previously mentioned area.
I have already spent almost 25000 dollars to get the council approval and shop fitout; however, I am willing to come out of the lease. What are my options? I am happy to talk to someone in person.