QLDIn ForceAct
Property Law Act 2023
sec.152Definitions for subdivision
Start here
Get a plain-English read of sec.152
Turn the raw legal text into a practical explanation grounded in Property Law Act 2023.
### sec.152 Definitions for subdivision
In this subdivision—
breach , of a term of a lease, includes the happening of an event of default that under the terms of the lease gives the lessor a right to forfeit the lease.
designated person , for a lease of land, means—
a mortgagee or receiver of a lessee’s interest in the land; or
a guarantor under the lease; or
a sublessee under the lease; or
a mortgagee or receiver of a sublessee’s interest in the land; or
if the lease has been assigned—an assignor under the lease, or a guarantor of an assignor, who has not been released from liability under the lease.
notice to remedy breach see section 153 (1) (a) .
reasonable compensation , for a breach of a term of a lease, means an amount in payment of reasonable costs and expenses reasonably incurred by the lessor in—
preparing and giving a notice to remedy breach in relation to the breach; or
obtaining legal or other professional advice about the nature and extent of the breach; or
doing any other reasonable thing in relation to the breach, including, for example, mitigating the loss or damage arising from the breach.
- (a) a mortgagee or receiver of a lessee’s interest in the land; or
- (b) a guarantor under the lease; or
- (c) a sublessee under the lease; or
- (d) a mortgagee or receiver of a sublessee’s interest in the land; or
- (e) if the lease has been assigned—an assignor under the lease, or a guarantor of an assignor, who has not been released from liability under the lease.
- (a) preparing and giving a notice to remedy breach in relation to the breach; or
- (b) obtaining legal or other professional advice about the nature and extent of the breach; or
- (c) doing any other reasonable thing in relation to the breach, including, for example, mitigating the loss or damage arising from the breach.