Director PM101, providing commercial property management services to owners of retail, office and industrial assets across Queensland. Over 24 years of commercial & residential real estate experience.
The permitted use clause in a lease is very important as it determines the type of business that can be operated within a leased premises. The description should be broad enough to provide for the type of business the tenant intends to operate. As stated below, a permitted use clause does not mean exclusivity of services or product in a shopping centre. hashtag #pm101 #exclusivity #retailleases #propertymanagement #commercialpropertymanagement