Following approval by the Vice-Chancellor that there is a need to lease property, the Director - Facilities Management negotiates and manages the leasing process on behalf of the University.
An Agreement to Lease form, signed on behalf of the University by an appropriate officer according to financial delegation guidelines within the Financial Procedures Manual, will commit QUT to certain terms and conditions such as:
- the date of commencement of the lease
- the initial term of the lease
- the commencement rental
- the basis for the annual rental review
- payment of deposit moneys