Australian Capital Territory Consolidated Acts

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LEASES (COMMERCIAL AND RETAIL) ACT 2001 - SECT 23

Lease costs

    (1)     Each party to a lease, or negotiations for a lease, must bear the party's own costs in relation to the preparation of the lease.

    (2)             However, if a party requires the lease to be registered under the Land Titles Act 1925 , the party must pay any fee for registration of the lease.

    (3)     For this section, lessor's costs include—

        (a)     any stamp duty related to the lease; and

        (b)     if the lessor has a mortgagee—any fee for, or incidental to obtaining, the mortgagee's consent to the lease.

Note     If the lessor requires the lease to be registered, the lessor must pay the costs under s (2) also.



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