122Term of lease

Start here

Get a plain-English read of 122

Turn the raw legal text into a practical explanation grounded in Land Act 1958.

Ask Zoe about this section View in full context

122 Term of lease

(1) The term of a lease granted under section 121 must not exceed 35 years from the date it is granted.

(2) If a lease contains options for renewal of the lease by the lessee, the aggregate of the original term and the further term or terms must not exceed 35 years.

S. 123 substituted by No. 96/1994 s 8.

Section 122 - Land Act 1958 - Term of lease | Zoe