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LEASES (COMMERCIAL AND RETAIL) ACT 2001 - SECT 24 Notice of acceptance of lease offer

LEASES (COMMERCIAL AND RETAIL) ACT 2001 - SECT 24

Notice of acceptance of lease offer

    (1)     If a person accepts a lease offer, the person must tell the other party to the lease of the person's acceptance in writing as soon as practicable after acceptance but, in any case, not later than 7 days after acceptance.

Note     For how documents may be given, see the Legislation Act

, pt 19.5.

    (2)     The lessor must take all reasonable steps to hasten registration of a lease under the Land Titles Act 1925

if—

        (a)     the lease offer is accepted; and

        (b)     the tenant requires the lease to be registered.