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The Commercial Rent (Coronavirus) Act covers certain protections for business tenants and landlords relating to rent arrears that accrued during the coronavirus period, and sets out a framework for how such debts are dealt with. A solicitor practising in this area helps clients understand who can apply for protections, how and when to apply, and what relief or remedies are available. They also advise on practical steps, such as negotiating with landlords, preparing and submitting relevant notices, and navigating any court or tribunal procedures if a dispute arises.
This area involves complex statutory thresholds, eligibility criteria for protections, and the interaction with existing lease terms, such as service charge provisions and break rights. A solicitor handles the preparation of documents to claim or resist protections, liaises with lenders and landlords, and guides clients through any subsequent enforcement or restructuring processes, including interaction with the courts or tribunals.
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