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Rent deposit agreements and insolvency

By: Contributor(s): Language: English Series: Lovells Real Estate Quarterly ; Summer 2009, 3-7(5)Publication details: 2009Subject(s): Summary: Rent deposits are often taken to protect against non-payment of rent but how accessible are these deposits when either the landlord?s or the tenant?s solvency becomes problematical? Considers the most common forms of rent deposit agreements (RDAs) ? commingling, charge and trust - and the extent to which each type achieves both the landlord?s and tenant?s objectives and complies with the ?Code for Leasing Business Premises in England and Wales 2007". Looks at what happens when premises are sold by an insolvency practitioner. Tables cover the characteristics of the three RDA forms.
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Journal article London Journal article L148457 (Browse shelf(Opens below)) 1 Available 148457-1001

Rent deposits are often taken to protect against non-payment of rent but how accessible are these deposits when either the landlord?s or the tenant?s solvency becomes problematical? Considers the most common forms of rent deposit agreements (RDAs) ? commingling, charge and trust - and the extent to which each type achieves both the landlord?s and tenant?s objectives and complies with the ?Code for Leasing Business Premises in England and Wales 2007". Looks at what happens when premises are sold by an insolvency practitioner. Tables cover the characteristics of the three RDA forms.