Commercial property leases options for deterring or outlawing the use of upward only rent review clauses Consultation paper issued by the Office of the Deputy Prime Minister and the Welsh Assembly Government

Commercial property leases options for deterring or outlawing the use of upward only rent review clauses Consultation paper issued by the Office of the Deputy Prime Minister and the Welsh Assembly Government - London ODPM 2004

ODPM consultation paper on upward only rent reviews (UORR) seting out six options: 1) do nothing; 2) ban upward-only rent clauses; 3) ban UORRs subject to a floor of the initial rent; 4) give tenants a right to break if the UORR produced a rent above open market levels; 5) limit lease length; 6) require landords to give prospective tenant priced options. View at www.dclg.gov.uk


UPWARD ONLY RENT REVIEWS
CODE FOR LEASING BUSINESS PREMISES IN ENGLAND AND WALES

346.4104343