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Lease removal

A deregistered company has a lease over your property.

Where a deregistered company is a lessee of your property you may be able to apply to ASIC to have a registered lease removed from the property title so you can re-lease the property.

A registered lease is a lease that has been registered over the property at the land titles office.

ASIC may – but is not obliged to – complete an outstanding obligation on behalf of a deregistered company and execute a surrender of lease.

Alternative remedies you must try before applying to ASIC

How to apply to ASIC for a surrender of lease

If the alternative remedies outlined above are not available to you then you may wish to apply to ASIC's Property Law Team for a surrender of lease.

You will also need to complete the following indemnity.

More information

This is only a general guide as to ASIC's approach to the property and rights that pass to ASIC and the Commonwealth on deregistration of a company. This document does not represent legal advice and should not be interpreted as such. Each application or enquiry will be considered on its facts and decided on its individual merits, based on all the information available to ASIC at the time. We encourage you to seek your own professional advice to find out how the law applying to deregistered companies affects your individual circumstances.