In this section
Rent Reviews are an intrinsic part of renting a workplace – whether you’re a landlord or a tenant.
Occurring every three or five years, if conducted professionally, it can be an equitable and beneficial exercise for both parties as the focus is on agreeing a rate which is a fair reflection of current market rates.
The process is defined in the contract and is usually based on either:
Every Review is usually triggered by a written notification from the landlord – then the negotiations begin and continue until agreement is reached.
If agreement cannot be reached, then the Dispute Resolution clauses in the contract are evoked –usually referred to a third party or, on very rare occasions, the matter is settled in court.
Successfully negotiating Reviews is what we do.