Important Considerations For Landlords

    View Authors September 2014
    The importance of registering leases in Western Australia has been the subject of some focus after the recent decision of the Supreme Court earlier this year in Primewest (Mandurah) Pty Ltd v Ryom Pty Ltd and Kedo (Aust) Pty Ltd [2014] WASCA 28 (Primewest). While the state of the law has not changed since the 2008 decision in Lighting by Design (Aust) Pty Ltd v Cannington Nominees [2007] WASC 88; [2008] WASC 23 (Lighting by Design), landlords and tenants would be prudent to ensure that leases granted for a term of greater than 5 years are registered. The growing interest in this area, particularly by property valuers and financiers means that there is very likely to be a change in the way leased properties are valued.