Fill in order details

  • Submit your instructions
    to writers for free!

Chat with the writer

  • Chat with preferred expert writers
  • Request a preview of your paper
    from them for free

Editing

  • Project edited by the quality evaluation department

Download Your Completed Project

  • Download the completed project from your account or have it sent to your email address

Coronet Casino operates on a recently redeveloped area of Sydney Harbour. When Coronet vacated its previous premises 2 years ago, it leased the premises via a commercial lease, to a hotel company called Loire for a term of 2 years. It was a term of the lease that Loire would undertake refurbishment of the building at its own cost. This amounted to several hundred thousand dollars.

Coronet Casino operates on a recently redeveloped area of Sydney Harbour. When Coronet vacated its previous premises 2 years ago, it leased the premises via a commercial lease, to a hotel company called Loire for a term of 2 years. It was a term of the lease that Loire would undertake refurbishment of the building at its own cost. This amounted to several hundred thousand dollars. There was no right of renewal for a further term in the lease but Sophie who was negotiating the lease on behalf of Coronet said, “You don’t need to worry, it is in our interest for you to be operating this hotel. We are in this for the long haul. You will be looked after at renewal time.”

You are employed in Coronet’s property management office. Sophie seeks your advice. She tells you that Loire has requested a renewal of the lease for a further 2 year term but that Coronet does not want to renew the lease as it has other plans for the building. Advise Sophie whether or not Coronet is legally entitled to refuse to renew the lease. Give reasons and provide legal authority for your advice.

What our customers say
_____

error: Content is protected !!