The Rent Review Specialist
Danger in leaving drafting to lawyers
21/02/2013
When a lease is granted, the onus is on the landlord to draft the wording and the tenant to approve. When the lease contains a rent review, with the rent to be reviewed to the market rent, as distinct from a formula such as index–linked, the lease will incorporate a ’second’ lease known as the “hypothetical lease”. For further reading, please visit LandlordZone newsletter issue 9 - click here