Civil way: 26 November 2021

BUSINESS RENTALS GO RETRO

The government has issued a new code of practice for commercial property relationships following the pandemic replacing the June 2020 version as updated. Its Commercial Rent (Coronavirus) Bill, which has received a first reading in the Commons, would lead to an arbitration process for parties failing to crack their dispute within the code as from 25 March 2022. Controversially, it is crazy on retrospection. Given that it has nothing to do with sleaze, you may well calculate that it will make it to the statute book. That being so, you could advise your business landlord clients to save on court fees. There will be a temporary moratorium on enforcement of business rent arrears which have accrued over the period 21 March 2020 to, generally, 18 July 2021 in England and 7 August 2021 in Wales because the tenancy was ‘adversely affected by coronavirus’. A debt claim for the arrears