It's never too late for rent reviews
Language: English Series: Hogan Lovells Real Estate Quarterly ; Spring 2012, 8-9(2)Publication details: 2012Subject(s): Summary: 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.| Item type | Current library | Call number | Status | Barcode | |
|---|---|---|---|---|---|
| Journal article | London Journal article | L155717 (Browse shelf(Opens below)) | Available | 155717-1001 |
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.