A Rent Review event in a lease requires specialist advice. An insight into the complexity and diversity of work regarding Rent Reviews involve:
- Analysis of the Lease and Rent Review Clause
- Experience of lease structures and their implications at rent review and relevant case law
- Implement/Respond to Rent Review Notices
- Property inspection having regard to location, profile, adjoining occupiers and suitability for purpose in the market at the rent review date
- Property measurement in accordance with SCSI/RICS Measurement Practise Guidance
- Gathering and analysing comparable evidence with is of paramount importance and researching specialist reports indicating market trends, past results and economic factors and provide an opinion of rental value and a recommended strategy
- Engage in negotiations
- Introducing different approach methodology, if appropriate, in addition to negotiation skills and the art of persuasion
- When necessary, represent the client with written submissions and /or through third party appeal procedures determinable by Independent Expert / Arbitrators. This requires technical ability in the preparation of an effective Precis of Evidence / Counter Submission
- Document through execution of Memorandum of Rent Review
[hz-section-title hz_section_title=”Latest Properties” hz_section_subtitle=”Browse latest properties listing” hz_section_title_align=”text-center” hz_section_title_color=””]
[houzez-properties prop_grid_style=”v_1″ module_type=”list” property_type=”” property_status=”” property_state=”” property_city=”” property_area=”” property_label=”” houzez_user_role=”” featured_prop=”” posts_limit=”3″ sort_by=”” offset=””]