I would like to enquire how much bond a landlord can keep. I recently had a failed business to which the commercial lease was terminated on me in early December. I had been waiting to receive some of my bond back, minus monies owed for unpaid rent and legal fees and was expecting a half the bond returned.
I had finally received an invoice from the landlord with me ending up owing $500. He had charged me for 2 free months he had negotiated with the new tenant. When I rang to question this, he advised me they shouldn't have to pay for the free rent period (I was never given this option either) and hinted that I was to take this further. He was also entitled to 15% of a year's rent but never charged me this due to the circumstances.
My question is, is he able to do this or do I have options to contest this under commercial law? Also the new tenant was a one of the parties I was looking at selling to and they met up with the landlord, and a few days, I was evicted by the landlord and they had become the new tenants. I was informed by the new tenant there was also a side cash payment made so was not really 2 months free rent. Any assistance with this would be greatly appreciated.
I had finally received an invoice from the landlord with me ending up owing $500. He had charged me for 2 free months he had negotiated with the new tenant. When I rang to question this, he advised me they shouldn't have to pay for the free rent period (I was never given this option either) and hinted that I was to take this further. He was also entitled to 15% of a year's rent but never charged me this due to the circumstances.
My question is, is he able to do this or do I have options to contest this under commercial law? Also the new tenant was a one of the parties I was looking at selling to and they met up with the landlord, and a few days, I was evicted by the landlord and they had become the new tenants. I was informed by the new tenant there was also a side cash payment made so was not really 2 months free rent. Any assistance with this would be greatly appreciated.