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Commercial Rent Arrears Recovery changes

LANDLORD AND TENANT - 21.10.2020

Commercial Rent Arrears Recovery changes

On 29 September 2020 the minimum amount of net unpaid rent required before a landlord can exercise its Commercial Rent Arrears Recovery rights was increased to 276 days’ rent. On 25 December 2020 this will further increase to 366 days’ rent.

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