Commercial Rent Arrears Recovery Guide
The Commercial Rent Arrears Recovery (CRAR) procedure allows landlords in England and Wales to recover qualifying principal rent, VAT on that rent, and contractual or statutory interest on that rent only by taking control of the tenant’s goods and selling them to cover the arrears. CRAR does not cover service charges, insurance rent, business rates […]
Breach of a Commercial Lease (What to Do!)
Both Landlords and tenants can be found in breach of a commercial lease under either the Law of Property Act 1925 or Landlord and Tenant Act 1954 if they fail to meet one of more of the lease covenants. When a tenant has breached the terms of their commercial lease, landlords can respond through serving […]
Rights Without a Lease (A Guide for Commercial Tenants!)
Ordinarily, commercial property landlords and business tenants should sign a written tenancy agreement setting out the terms of the lease. This provides certainty of both parties’ rights, obligations and clarity of how to resolve any disputes that may arise. It is not generally advisable to lease a commercial property without a written agreement. Issues typically […]