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<h1>LIV ALBERT 4 WEEKS RENT FREE</h1>
<h1>TERMS & CONDITIONS</h1> <style>
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<p><strong>RENT FREE INCENTIVE - LIV ALBERT, </strong></p>
<p><strong>395-397 ALBERT STREET, BRUNSWICK VIC 3056</strong><br />
<br />
<strong>TERMS & CONDITIONS</strong><br />
<br />
1.Mirvac BTR Sub Company A Pty Ltd ACN 627 445 425 as trustee for BTR Brunswick Trust A ABN 45 383 261 901 and <br />
Mirvac BTR Sub Company B Pty Ltd ACN 627 445 470 as trustee for BTR Brunswick Trust B ABN 90 956 120 293 (Rental<br />
Provider) has recently introduced the LIV Albert Rent Free Incentive promotion (Promotion).<br />
2.The Promotion is available to the first 100 leases entered into at LIV Albert, 395–397 Albert Street, Brunswick VIC 3056.<br />
3.Under the Promotion, subject to these terms and conditions, the Rental Provider will provide:<br />
a.<strong>Rent Free Period of 6 weeks and Fixed-Rent </strong>(4 weeks applied in-full to the first rent cycle of the second year and 2 weeks<br />
applied to the second rent cycle of the second year) and not apply any rent increase in respect of the second 12 month <br />
period under the lease, (Incentive) on a lease for a term equal to or greater than 24 months to eligible tenants (Renter) who <br />
enter into a residential tenancy agreement at LIV Albert, 395-397 Albert Street, Brunswick VIC 3056 (Agreement); or<br />
b.<strong>Rent Free Period of 4 weeks</strong> (Incentive) on a 12 month lease (applied in-full to the 10 rent cycle) to eligible tenants<br />
(Renter) who enter into a residential tenancy agreement at LIV Albert, 395-397 Albert Street, Brunswick VIC 3056 <br />
(Agreement).<br />
as part of the first 100 leases entered into under this promotion. <br />
4. The following terms and conditions apply to the Promotion:<br />
a) the term of the Agreement must be at least 12 months.<br />
b) Rent is charged in 28-day cycles. The 6-week rent-free period will be applied over two rent cycles shortly after the 12-month <br />
anniversary of the lease. The 4-week rent-free period will be applied to the 10th rent cycle of the 12-month lease. Please note <br />
that the first rent cycle is typically pro rata.<br />
c) The Incentive cannot be utilised by the Renter until this letter has been signed by both the Renter and the Rental Provider.<br />
d) if, prior to expiry of Agreement term, the Agreement comes to an end for any reason other than the reason specified in <br />
paragraph (e), the Renter will lose the benefit of any part of the Incentive that remains outstanding. <br />
e) if the Agreement comes to an end due to the Renter and the Rental Provider entering into a new residential tenancy <br />
agreement in respect of another apartment at LIV Albert (New Agreement), and the rent payable under that New Agreement is <br />
higher than the rent payable under the Agreement, any part of the Incentive that remains outstanding will be applied to the rent <br />
payable under the New Agreement. For the purposes of the Incentive only, the number of payment cycles that have occurred <br />
under the Agreement will be deemed to have occurred under the New Agreement. <br />
f) the Incentive will only apply to the initial Agreement term and will not be available to the Renter in any other circumstances <br />
(including in the event the Renter is holding over or in the event the Renter renews the Agreement or enters into a new <br />
residential tenancy agreement with the Rental Provider unless paragraph (e) applies).<br />
g) the benefit of the Incentive is personal to the Renter and cannot be assigned by the Renter in the event that the Agreement is <br />
validly assigned by the Renter; <br />
h) subject to paragraphs (i) and (j), the terms of the Agreement prescribing the payment of rent during the initial Agreement <br />
term are to be read subject to the Incentive letter.<br />
i) for all other purposes, the terms of the Agreement (including all other Renter obligations to pay other money) will apply and <br />
this letter must be disregarded. In particular, when construing any provision in the Agreement varying the rent, regard must <br />
only be had to the rent payable as specified in the Agreement. <br />
j) for the avoidance of doubt, this letter does not affect the Renter's obligation under the Agreement to pay the bond and 4 <br />
weeks' Rent in advance upon executing the Agreement.<br />
k) the Renter must not disclose the existence or terms of this letter without the prior written consent of the Rental Provider (which <br />
must not be unreasonably withheld); and <br />
l) the terms of this letter survive termination of the Agreement.</p>