It's never too late for rent reviews
John, Ed
It's never too late for rent reviews - 2012 - Hogan Lovells Real Estate Quarterly Spring 2012, 8-9(2) .
Considers the impact of late rent reviews for both landlords and tenants. It is the rule rather than the exception that rent is reviewed late. Late rent reviews can be an expensive surprise for unsuspecting tenants. Tenants could negotiate for new leases a long stop date into the rent review revisions such as six years or the next rent review date. For existing leases an incoming tenant could seek a retention and indemnity from the outgoing tenant to protect it against any uplift if the review is later triggered by the landlord.
SCOTTISH AND NEWCASTLE PLC V RAGUZ
BELLO V IDEAL VIEW
AMHERST V JAMES WALKER GOLDSMITH AND SILVERSMITH LTD
England and Wales--1543-
It's never too late for rent reviews - 2012 - Hogan Lovells Real Estate Quarterly Spring 2012, 8-9(2) .
Considers the impact of late rent reviews for both landlords and tenants. It is the rule rather than the exception that rent is reviewed late. Late rent reviews can be an expensive surprise for unsuspecting tenants. Tenants could negotiate for new leases a long stop date into the rent review revisions such as six years or the next rent review date. For existing leases an incoming tenant could seek a retention and indemnity from the outgoing tenant to protect it against any uplift if the review is later triggered by the landlord.
SCOTTISH AND NEWCASTLE PLC V RAGUZ
BELLO V IDEAL VIEW
AMHERST V JAMES WALKER GOLDSMITH AND SILVERSMITH LTD
England and Wales--1543-