Commercial Rent (Coronavirus) Bill: the impact on commercial rents

Recorded on: 17/03/2022


On 25 March 2022 most of the current, covid related restrictions around commercial rent recovery will end. The government anticipates that by that date this bill will have been passed by Parliament.

If passed, it will ringfence rent debts built up as a result of mandated business closures during the pandemic and introduce a new binding arbitration process aimed at resolving disputes relating to those protected rent debts where landlords and tenants have not been able to reach agreement on how those debts should be dealt with. This webinar looks at:

  • To which commercial leases will the Act apply, and what are the exceptions?
  • What is meant by “protected rent debt” and what happens to other arrears?
  • Which remedies are restricted, and for how long?
  • What is the impact of the mandated statutory arbitration, how is it intended to work and how much will it cost?
  • What role does the November 2021 voluntary Code of practice for commercial property relationships following the COVID-19 pandemic?

Price


Members:  £115.00

Non members:  £159.00

Sole practitioner:  £80.00

All prices ex-VAT

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01904 653 550 webinars@legalfutures.co.uk
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