Owners of forestry land need to be aware of decisions they should make this year under the Climate Change Response Act 2002. The Act was created to enable New Zealand to meet its international obligations to reduce carbon emissions.
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In the current economic climate there are, unfortunately, increasingly more tenants unable to pay the rent on their leased commercial premises or who are breaching some other covenant under their lease. This article outlines how a landlord can cancel a lease in the event of default by the tenant and how landlords can best protect themselves from being left out of pocket.
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