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If you have any questions relating to this article or have any legal disputes you would like to discuss, please contact the Dispute Resolution team on [email protected]
A moratorium introduced as a result of the Covid-19 pandemic restricted the options available to commercial landlords seeking to recover unpaid rent from their business tenants – as forfeiture proceedings, Commercial Rent Arrears Recovery (CRAR) and winding-up petitions as a result of non-payment of rent were all subject to restrictions under the Coronavirus Act 2020.
After a number of extensions, this temporary legislation has now expired and so from 25 March 2022, forfeiture and winding-up petitions as a result of non-payment of rent and use of the CRAR procedure, became an option open to commercial landlords again - but only in respect of unprotected rent arrears.
Landlords can now pursue unprotected rent arrears from business tenants, via the following avenues: -
Although landlords will likely be pleased with these developments and the easing of restrictions, landlords should act with caution, considering the following: -
If you are considering issuing a claim to recover rent arrears (whether protected or not), you can contact us for specialist advice at [email protected].
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Consistent with our policy when giving comment and advice on a non-specific basis, we cannot assume legal responsibility for the accuracy of any particular statement. In the case of specific problems we recommend that professional advice be sought.
If you have any questions relating to this article or have any legal disputes you would like to discuss, please contact the Dispute Resolution team on [email protected]
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