There are some useful nuggets for property lawyers in a judgement of the High Court earlier this year. Cazna Avenue Nominees Limited v. University of Auckland primarily concerned a tenant’s lease end obligations. However, it provides valuable guidance for drafting terms of agreements for the sale of commercial tenanted property. It also gives directions on how landlords can ensure their demands for lease end reinstatement are properly made. Michelle Hill comments on these aspects of the case in turn and summarises on the facts.
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