Law changes spell problems for commercial rent recovery
Changes in the way commercial rent arrears can be recovered could mean distressing times ahead for some landlords, a leading property litigation lawyer has warned. Simon Trees, head of commercial dispute resolution at Else Commercial Solicitors, says the introduction of the Tribunals, Courts and Enforcement Act 2007 (part three) will place new constraints on landlords in line with European human rights legislation. The Act, which has received royal asset, has yet to come into force. However, it is anticipated this will come into force in the near future, and possibly during 2009.
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