Watch out for defaulting tenants
Series: Estates Gazette ; (0232) 3 August 2002, 91-92(2)Publication details: 2002Subject(s): Summary: Warns that landlords should be alert to the various factors when deciding the appropriate form of security to protect against tenant default. Lists some common forms of security such as cash deposit, personal/parent company guarantee, bank guarantee/letter of credit, insurance and bond. Concludes that the form of security will often depend upon what, in practice, is available. Where no obvious form of satisfactory security is available, the landlord may have to resort to a short-flexible lease, securing the highest rent he can in the short-term.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS65966 (Browse shelf(Opens below)) | 1 | Available | 119876-1001 |
Warns that landlords should be alert to the various factors when deciding the appropriate form of security to protect against tenant default. Lists some common forms of security such as cash deposit, personal/parent company guarantee, bank guarantee/letter of credit, insurance and bond. Concludes that the form of security will often depend upon what, in practice, is available. Where no obvious form of satisfactory security is available, the landlord may have to resort to a short-flexible lease, securing the highest rent he can in the short-term.