I'm a new retail tenant in Victoria and need to understand the initial steps and financial obligations of my lease. Please provide three key requirements for a landlord when entering into a retail lease, list at least three common types of outgoings, and explain how rent reviews are typically determined under the Retail Leases Act. Additionally, confirm if the Victorian Small Business Commission provides a specific information brochure for new tenants, and if so, what its title is.
Navigate to 'vsbc.vic.gov.au'. From the homepage, navigate to the 'Leasing – rights and responsibilities' section. Click on 'Entering into a retail lease'. Identify and extract three key requirements for a landlord when entering into a retail lease from the 'What should I be aware of before entering into a retail lease?' section. Click on the 'Outgoings: other charges under a lease' link (ID 584) to find information on outgoings. List at least three common types of outgoings mentioned on the outgoings page. Navigate back to the 'Entering into a retail lease' page. Locate information regarding rent reviews. This might require navigating to a different sub-section if not directly on the 'Entering into a retail lease' page. Explain how rent reviews are typically determined under the Retail Leases Act. Identify the title of the information brochure provided by the VSBC for new tenants. Synthesize all gathered information to answer the task.
The agent successfully navigates to the 'Entering into a retail lease' page. The agent identifies three key landlord requirements: provision of a proposed lease, provision of the VSBC information brochure, and provision of a disclosure statement at least 14 days prior to lease entry (or similar phrasing). The agent successfully navigates to the 'Outgoings: other charges under a lease' page. The agent lists at least three common types of outgoings (e.g., council rates, water rates, land tax, owners corporation fees, cleaning, advertising, security, insurance, essential safety measures). The agent accurately explains how rent reviews are typically determined under the Retail Leases Act (e.g., market rent review, Consumer Price Index (CPI) review, fixed percentage increase, or fixed amount increase). The agent confirms the availability of a specific information brochure for new tenants. The agent states the title of the brochure as 'Retail leases: important facts for tenants'.