Commercial leases in NSW are interests in commercial premises (for example, office buildings) that are granted by one person, the ‘landlord’, to another, the ‘tenant’. They confer a right on the tenant to exclusive possession of the commercial premises for a certain period of time. Commercial leases in NSW are generally not regulated by statute but by common law. For the most part, however, it is up to the landlord and tenant to decide the terms of the commercial lease. Some commercial leases relating to retail shops are governed by a special statutory regime contained in the Retail Leases Act 1994 . Other rules affecting the creation of commercial leases are found in the Conveyancing Act 1919 and the Real Property Act 1900 . Get More Information on Commercial Leases in NSW