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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 (