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This course is aimed at all lawyers needing to strengthen their knowledge and skills in this key area, from both a contentious and non-contentious background. It is sometimes mistakenly thought that rent review has little relevance in a world of five-year lease terms, but of course longer terms remain prevalent in the leisure and industrial sectors, to name but two, and there are still plenty of longer leases around. Commercial rents are once more on the rise, and there can be few topics of more vital importance for both landlords and tenants than the amount of the rent.
The course will give an overview of what’s typically included in open-market rent review provisions, while focussing on recurrent issues such as whether the hypothetical lease should include a break option, what should be the assumed length of term, and whether a ‘headline rent’ is effectively excluded. The procedural aspects are just as important as the valuation aspects, however, and the course will survey the range of procedures, and consider practical issues like maintaining privilege in ‘awkward’ documents.
The course will include:
£105.00Package PriceClick here for details
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Wed 03 May 2017
14:00 | London
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