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25 March 2020 | Comment |

Help for commercial tenants struggling to pay their March quarter’s rent during COVID-19


The impact of the COVID-19 pandemic means many businesses working from leased premises may well be struggling to meet their March rent payment for the last quarter.

If that’s you, our Property Dispute Resolution team can help with an affordable, fixed-price package of support to negotiate you on to a firmer footing with your landlord.

Our package will focus on5steps:

  1. Reviewing your lease to see what payments can be demanded by your landlord and when.
  2. Provide advice on the steps landlords can take to recover payments due, including a landlords’ ability to exercise forfeiture.
  3. Provide advice on how the extent of service charges can be capped.
  4. A round of negotiations with your landlord to agree a ‘rental holiday’ and limitations on service charge expenditure together with an arrears repayment plan.
  5. Document an appropriate agreement to bind the landlord.

Disclaimer: The information on the Hugh James website is for general information only and reflects the position at the date of publication. It does not constitute legal advice and should not be treated as such. If you would like to ensure the commentary reflects current legislation, case law or best practice, please contact the blog author.

 

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