What are the conditions of lease for Government property?

The interests of Government as landlord are, in principle, very similar to those of a private owner in that Government seeks to have a fair return on the property and wants to ensure that lease conditions are adequate to protect its property interests. The conditions under which government property is granted may vary with the type of grant but would include such typical clauses as rent payable, rent payment period and mode, termination clauses, what is and what is not allowed, consequences of default etc. Lands Authority website provides a number of specimen contract conditions for different types of grants and these may be viewed by visiting the Resources pages.

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