- What is rent debt?
- What is the protected (ring fenced) period?
- What is protected and unprotected rent debt?
- Assumed lease term impacts rental value
- When does the presumption of reality not prevail?
The presumption of reality Understanding the impact of specified dates Be wary of personal rights to break A typical rent review clause will usually stipulate that the hypothetical lease to be assumed will be on the same terms as the actual lease. The question is whether it is also to be assumed that the hypothetical […]
The length of lease term assumed impacts on rental value Unless there is clear wording to the contrary, the presumption of reality will prevail The valuation implications of the assumed term must be viewed in conjunction with the property type, location, pitch, use and interplay of other review assumptions There are various possible options as […]
What is a tenant’s legal status? Can a landlord throw a tenant out on lease expiry? Does a tenant receive any statutory compensation if the landlord terminates the lease? It is widely known that an occupied site held on a lease ‘inside’ the Landlord and Tenant Act 1954 (the 54 Act) will benefit from the […]