Commercial Tenant Rent Arrears - Identifying Strategies to Maximise Recovery

Introduction

Enforcement of the tenant’s primary lease liability, the payment of rent, has been a major headache for landlords. Landlords now need to re-establish discipline as regards rental payments, and a good understanding of the available remedies is key.

Do the CRAR loopholes deprive it of effectiveness? What are the pitfalls of forfeiture? Is it simply too expensive and slow to use debt proceedings in court? How effective are guarantees and rent deposits?

At the same time, the problem of pandemic arrears remains, but is now confined in its scope. The operation of the compulsory arbitration scheme is therefore part of the picture of arrears recovery.

We will explore the issues through case study scenarios, to identify the practical strategies to maximise recovery.

What You Will Learn

This live and interactive session will cover the following:

• Forfeiture
• Use of statutory demands
• County Court action to recover rent arrears
• Commercial rent arrears recovery
• Guarantors and former tenants
• Pandemic arrears and compulsory arbitration
• The continued role of rent concessions

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.