Watch out for defaulting tenants
Moss, I
Watch out for defaulting tenants - 2002 - Estates Gazette (0232) 3 August 2002, 91-92(2) .
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.
DEFAULTERS
TENANT DEFAULTERS
GUARANTORS
DEPOSITS
LANDLORD AND TENANT (COVENANTS) ACT 1995
HINDCASTLE LTD V BARBARA ATTENBOROUGH ASSOCIATES LTD
OBARARY V GATEWAY (LONDON) LTD
Watch out for defaulting tenants - 2002 - Estates Gazette (0232) 3 August 2002, 91-92(2) .
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.
DEFAULTERS
TENANT DEFAULTERS
GUARANTORS
DEPOSITS
LANDLORD AND TENANT (COVENANTS) ACT 1995
HINDCASTLE LTD V BARBARA ATTENBOROUGH ASSOCIATES LTD
OBARARY V GATEWAY (LONDON) LTD