I have shop in a small shopping centre. The landlord has spoken to me about new tenants coming in however he says they won’t be competing with me. Can I protect my business?
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Answer by Robert Bailey, Adelaide 5000 SA
- Landlords are not obliged to tell tenants about proposed tenancy mix changes or protect them from competition in most states and territories.
- If verbal assurances have been made about the new tenants not competing with you make sure the assurances are confirmed in writing and included in your lease agreement.