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Rental Reduction Agreement

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Rental Reduction Agreement

$129.00

Due to the COVID-19 economic and business crisis, many businesses are struggling with poor cash flow. Some landlords are taking reduced rent, or a rent waiver for a period of time.

This includes SMSF Trustees with related party lessees. The Commissioner of Taxation has stated that he will turn a blind eye to any compliance issues in this regard.

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Description

This is a legal agreement to reduce the rent on commercial, residential or rural property. It can also be used by a SMSF trustee landlord to reduce the rent on a lease of property with a related party.

► $129.00 (inc GST) – OR provided under your unlimited membership

► The master document has been signed off by Abbott & Mourly and is congruent with Australian law.

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