Top 5 landlord recovery strategies for corporate insolvency from tenant

Top 5 landlord recovery strategies for corporate insolvency from tenant

Managing an insolvent tenant can be a challenging situation for landlords. As recovery options become more limited, it’s crucial to understand the steps that can help protect your interests and navigate the complexities of commercial tenant insolvency. Here are five essential strategies to consider: 1. Scrutinise Rent Deposit Agreements Begin by reviewing the terms of any…

 Practical considerations for commercial owners concerning tenant alterations

 Practical considerations for commercial owners concerning tenant alterations

Practical considerations for commercial owners concerning tenant alterations When developing a commercial lease in Scotland, the proprietor must find a balance regarding alterations that accommodate both the tenant’s desire to optimise the space leased to them and its concerns regarding the preservation of the asset’s value. Although the tenant’s fit-out at the commencement of the…

Things to keep in mind while pursuing claims for lost rent due to dilapidations

When a commercial tenant in Scotland departs premises in a state of disrepair at the culmination of a lease, can the landlord initiate a claim for the rent it loses during the necessary repair endeavors? The succinct yet unhelpful response is ‘it varies’. Terminal Dilapidations Schedules regularly encompass significant sums for lost rent. Nevertheless, pursuing…

Considerations for landlords when consenting to sublet 

In recent years, businesses have undergone significant changes, some experiencing positive growth and expanding their operations, while others have faced financial challenges and the need to reevaluate their strategies. As companies explore options to streamline costs, one potential avenue is the practice of ‘sub-letting,’ where businesses sublease their premises to others. This article explores the…

What Do Property Surveyors Look for During a House Survey?

What Do Property Surveyors Look for During a House Survey?

If you’re buying a home, a survey gives vital insight into the property’s condition and conducts a building survey. But what exactly does the surveyor inspect? As your property experts, Complete Clarity Solicitors provides home buyers with complete clarity on what surveyors look for during different types of house surveys. A survey identifies issues that…