All posts tagged "Guarantor / Surety"
Guarantor v Rent Deposit
Dec 2013 – Where a tenant is a company and the landlord requires a director as guarantor or a rent deposit, that person is exposed to both the risk of rent and all other terms and conditions of the tenancy, should the company default. But an advantage to the tenant in opting for a guarantor […]
Letting a Tenant off the Hook
Jan 2013 – With a business tenancy, agreeing the documentation is rarely straightforward at the best of times so, unless the lease contains a tenant–break, a landlord won’t normally expect the tenant to want to quit before expiry of the contractual term. When a tenant asks to be let off the hook, whether to agree […]
Pre-pack Administration
Mar 2009 – My letter published in Estates Gazette, March 2009:“Whilst I agree with Anthony Ratcliffe there seems precious little difference between “phoenix” company and “pre-packs”, I do think landlords could do both themselves and the shop property sector a service by adopting a more robust approach to requests for assignment. Generally, alienation criteria in a lease […]