The recent Supreme Court of New South Wales decision of
NTT
Australia Digital Pty Ltd v Cover Genius Services Pty Ltd
serves as a reminder to all that once a deed has been signed, it
can be enforceable even if copies executed by both parties
haven't been exchanged. It also provides timely insight on what
tenants must do to qualify for COVID-19 rental relief.
Facts
NTT leased premises from Perpetual and Dexus (
Dexus
Entities). NTT sub-leased the premises to a third party,
Society One, before negotiating an assignment of the lease to Cover
Genius Services (
CGS).
A deed of assignment of the lease (