This unit specifies the skills and knowledge required to end a commercial property lease. It includes analysing lease documentation to clarify the circumstances of termination and obligations of lessors and lessees, and monitoring and negotiating termination processes including make good, handover and financial settlement.

State or territory licensing requirements may apply to this unit, which is an elective unit (Commercial and Property Management) forming part of the qualification CPP41419 Certificate IV in Real Estate Practice.

At the end of this unit, you will be able to:

• Respond to request to terminate commercial property lease

• Implement and monitor processes to terminate commercial property lease

• Finalise termination of commercial property lease