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Landlord and tenant – commercial

Rent reviews – which index?

Rent under a lease may well be indexed – in which case, it is likely to be by reference to the retail price index (RPI).

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GDPR – property

Property clients should be aware that GDPR may apply in unexpected circumstances.

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L’s consent – collateral advantage?

T could not apply for planning permission without L’s consent (not to be unreasonably withheld). How was such a provision to be interpreted?

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CVAs – L’s position

As we noted in the May 2018 issue (p21) there is increasing attention on the position of Ls when a company voluntary arrangement fails.

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Notice – check the lease!

If a notice has to be served in relation to a lease then ensure that you do actually check the precise notice provisions within the lease.

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Rent reviews – drafting

A few points on drafting rent reviews, especially in the context of indexed rents:

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LTA 1954 – unopposed lease renewal

This table summarises the steps to be taken when advising L on an unopposed lease renewal (ie L has served notice under s25 LTA 1954).

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CVA – restaurant licence

If a restaurant goes into a CVA, and there is a premises licence, then care needs to be taken to ensure the licence does not lapse. 
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CVAs – L’s position

As the high street suffers, so more shops close down, and retail businesses get into financial difficulties. 
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Rent reviews – which index?
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Rent under a lease may well be indexed – in which case, it is likely to be by reference to the retail price index (RPI). Read more...
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