Image from Google Jackets

Landlords go back to the future

By: Language: English Series: Estates Gazette ; (0528) 16 July 2005, 118(1)Publication details: 2005Subject(s): Summary: Examines the rent review issue of commercial lease length. Long leases are often written assuming long terms at review, which results in the tenants paying a discounted rent. Protection for landlords can take the form of ensuring that leases are worded so that subsequent terms yield open market rent.

Examines the rent review issue of commercial lease length. Long leases are often written assuming long terms at review, which results in the tenants paying a discounted rent. Protection for landlords can take the form of ensuring that leases are worded so that subsequent terms yield open market rent.