http://www.cartercapner.com.au/blog/landlords-beware-security-risk-in-extending-commercial-leases/ The Carter Capner Law blog Sun, 16 Jun 2013 04:08:48 +0000 hourly 1 http://wordpress.org/?v=3.5.1 http://www.cartercapner.com.au/blog/landlords-beware-security-risk-in-extending-commercial-leases/#comment-24581 pcarter Wed, 09 Mar 2011 23:22:27 +0000 http://www.cartercapner.com.au/blog/?p=1397#comment-24581 Tim – you are correct – in the Ironbark case, the extensions weren’t by option.

]]> http://www.cartercapner.com.au/blog/landlords-beware-security-risk-in-extending-commercial-leases/#comment-24272 Tim White Mon, 07 Mar 2011 11:17:09 +0000 http://www.cartercapner.com.au/blog/?p=1397#comment-24272 In the case of the “tenant off the hook” (CPT Custodian v Ironbark), were there any Option periods or were the extensions a “variation” of the 7 year term? If an Assignee exercises (and is granted) an Option I was of the understanding, ( before the above case), that the Assignor was automatically released from ongoing liability as at the start date of the Option term.Is this correct?

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