00:00 Introduction
00:41 Why has the Act been passed?
01:40 What does the Act do in practice?
03:10 What will the new process involve?
06:10 Does this new legislation apply to all commercial rents?
07:26 Considerations for Landlords
𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗥𝗲𝗻𝘁 (𝗖𝗼𝗿𝗼𝗻𝗮𝘃𝗶𝗿𝘂𝘀) 𝗔𝗰𝘁 𝟮𝟬𝟮𝟮: 𝗻𝗲𝘄 𝗹𝗮𝘄 𝘁𝗼 𝗿𝗲𝘀𝗼𝗹𝘃𝗲 𝗿𝗲𝗺𝗮𝗶𝗻𝗶𝗻𝗴 𝗖𝗼𝘃𝗶𝗱-𝟭𝟵 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗿𝗲𝗻𝘁 𝗱𝗲𝗯𝘁𝘀
Originally intended to last for three months, the moratorium on commercial lease forfeiture was announced on 21 March 2020, as the Coronavirus pandemic threatened business tenancies across the country.
Now, as of 25 March 2022 and after a number of extensions, the moratorium has come to end.
In response to these changes, Laura Offer, a solicitor in #SteeleRaymond’s Dispute Resolution Team, has recorded some guidance on the new legislation.
In her insightful video, Laura explains what the new law hopes to achieve and provides advice for #landlords who are looking to recover commercial rent arrears.
Topics discussed, include:
◾ 𝗪𝗵𝗮𝘁 𝘁𝗵𝗲 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗥𝗲𝗻𝘁 (𝗖𝗼𝗿𝗼𝗻𝗮𝘃𝗶𝗿𝘂𝘀) 𝗔𝗰𝘁 𝘄𝗶𝗹𝗹 𝗱𝗼
◾ 𝗪𝗵𝗮𝘁 𝘁𝗵𝗲𝘀𝗲 𝗰𝗵𝗮𝗻𝗴𝗲𝘀 𝗺𝗲𝗮𝗻 𝗳𝗼𝗿 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗹𝗮𝗻𝗱𝗹𝗼𝗿𝗱𝘀
◾ 𝗚𝘂𝗶𝗱𝗮𝗻𝗰𝗲 𝗮𝘀 𝘁𝗼 𝘄𝗵𝗶𝗰𝗵 𝗿𝗲𝗻𝘁𝘀 𝗮𝗿𝗲 𝗰𝗼𝘃𝗲𝗿𝗲𝗱 𝗯𝘆 𝘁𝗵𝗲 𝗔𝗰𝘁
◾ 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗶𝘀𝘀𝘂𝗲𝘀: 𝗵𝗼𝘄 𝗹𝗮𝗻𝗱𝗹𝗼𝗿𝗱𝘀 𝗰𝗮𝗻 𝗮𝘃𝗼𝗶𝗱 𝗰𝗼𝗺𝗺𝗶𝘁𝘁𝗶𝗻𝗴 𝘄𝗿𝗼𝗻𝗴𝗳𝘂𝗹 𝗳𝗼𝗿𝗳𝗲𝗶𝘁𝘂𝗿𝗲
#CommercialLeases #ForfeitureMoratorium #CommercialRent
Негізгі бет Commercial Rent (Coronavirus) Act 2022: A Guide for Landlords
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