Authored by: Matthew Baker-Johnson Principal Avery Commercial Lawyers The sale or purchase of a rent roll involves different considerations to many other types of businesses due to the nature of the assets being sold and the way rent rolls are …
I can’t stand lawyers!
I Can’t Stand Lawyers! “I can’t stand lawyers” – or words to that effect – is a refrain I hear all too often from business brokers. This is sometimes just a gentle “rib” at me (which is sort of funny), …
Extension of the Commercial Tenancy Relief Scheme in Victoria
The Victorian government has recently extended the Commercial Tenancy Relief Scheme (the Scheme) which was introduced to assist landlords and tenants faced with financial difficulties as a result of COVID-19. What are the Main Changes? The main change is to …
COVID-19 and Rent Rolls: A plague on all your houses?
One of the interesting features in the current environment is the resilience of good quality rent rolls. The consistent message I’m receiving from clients, advisors and brokers is that, despite the pandemic, there is still a healthy level of enquiries …
A Legal Guide to Buying or Selling a Bookkeeping Business
The sale or purchase of a bookkeeping business involves different legal considerations to other types of businesses due to the nature of the assets being sold, and the way these businesses are typically valued. Valuing a Bookkeeping Business The …
A Guide to Buying a Leasehold Motel
There are essentially two ways in which to purchase a motel. You can either buy the business and the freehold, or the business and the leasehold. This article will focus on buying a leasehold motel. If you intend to purchase …
A Guide to Probate and Letters of Administration
The administration of a deceased estate can be a complex and emotional task for a legal personal representative. At Avery Commercial Lawyers, we regularly advise executors and administrators in relation to administering deceased estates, and applying for probate and letters …
Fake News: False, Misleading or Deceptive Statements in Business Sales
The making of inaccurate, misleading or deceptive statements or representations by vendors (and their agents) in the context of business sale transactions can give rise to different rights and remedies for aggrieved purchasers under legislation and the common law. Whilst …
4 Steps to Prepare your Business for Sale
The successful sale of a business can be greatly enhanced by some pre-planning before the sales process commences. If you want to achieve the best price, and have an efficient sale process, then your business needs to be ‘sale ready’. …
A Short Guide to Selling your Industrial Business
The sale of an industrial business such as manufacturing, wholesale, import, distribution and B2B will generally give rise to different legal issues to the sale of a retail business due to the nature of the assets being sold, the structure …
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