‘Rent’ as defined in a commercial property lease can often include things such as insurance premiums, service and management charges, and other items relating to a tenant’s occupation of a commercial property.
Sometimes commercial tenants do not or cannot pay the rent in accordance with the lease. It can be a common issue for landlords – especially given that rent is often the tenant’s biggest outgoing.
Often no formal action is required and the situation can be solved by opening lines of communication with the tenant. It’s important that the landlord deals with these issues correctly to ensure they get the best possible outcome.
Contact our team of specialist commercial property dispute lawyers for a no-obligation discussion.
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