Explain That by Velocity Legal

Commercial Leases (Part 2): Case Study on Exercising an Option

Struggling with a commercial lease renewal or unsure about how to exercise an option to renew a lease? In this episode,we break down what’s required to validly exercise an option, how disputes can arise between commercial landlords and tenants, and common traps to avoid.

Key Takeaways:

  • The legal steps required to validly exercise an option to renew a commercial lease.

  • Common mistakes that lead to option disputes — and how to avoid them.

  • How strict timing requirements can affect a tenant’s rights.

  • What landlords can and can’t do when a tenant tries to renew.

  • Practical advice for managing the commercial lease renewal process with minimal risk.

This episode delivers clear, practical insights into Australia’s insolvency landscape—helping advisers support business clients through high-stakes decisions.

Connect with us at https://www.velocitylegal.com.au/