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Q&As and counting

November 2016

Leases - Commercial - Abandoned goods - Lockout

November 2016
Other
Victoria

Asked

Commercial Lease and lockout

According Competition & Consumer Act 2010, how is a landlord/owner required to deal with abandoned commercial goods in a lockout or terminated lease once the landlord re-enters the property?

Answered

Thank you for the question.

Part 4.2 of the Australian Consumer Law and Fair Trading Act 2012 applies to unclaimed goods generally.

The procedure is set out in Part 4.2 but unfortunately the landlord is only able to retain the cost of storage and sale and must treat any excess as Unclaimed Monies.

Regards

Mentor

Other
Victoria