Applicant Acknowledgement:
The Applicant acknowledges and agrees that:
The Applicant is responsible for their own legal fees, all lease preparation/production costs, and any Lease Registration fees.
Any request made by the Applicant that requires the Landlord’s Solicitor to prepare documents, provide advice, or amend agreed terms will be at the Applicant’s cost, regardless of whether the Landlord approves the request.
If the Applicant fails to proceed after signing this Application/Heads of Agreement, the Applicant must cover any reasonable costs incurred by the Landlord, including legal fees and agent fees arising from the withdrawal.
The Applicant acknowledges their obligation to pay rent and outgoings in full and on time under the Lease.
In the event of non‑payment, the Landlord may issue a Section 146 Default Notice under the Property Law Act, which:
-identifies the breach (including unpaid rent/outgoings),
-requires the Applicant to remedy the breach and/or pay compensation,
-provides no less than 14 days to rectify the arrears before further enforcement action such as re‑entry or termination may occur.
By continuing and acknowledging 'yes', the Applicant confirms they understand and accept these obligations and associated costs.