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Commercial Properties and Rent Arrears
In this episode of "Commercial Properties and Rent Arrears," we discuss the challenges landlords face when tenants fail to pay rent. Reena is joined by Urnisha Lakhani, an expert in landlord and tenant disputes, to discuss effective strategies for recovering unpaid rent. Together, they discuss the various options available to landlords, including legal proceedings, payment plans, and more drastic measures like forfeiture. Learn about the implications of each approach, the role of interest and legal costs, and the best way to handle this complicated issue while maintaining a positive landlord-tenant relationship. Whether you're a seasoned landlord or new to property management, this episode offers valuable insights to help you manage rent arrears effectively. Don't miss out on this essential guide for commercial property landlords!
In this episode of "Commercial Properties and Rent Arrears," we discuss the challenges landlords face when tenants fail to pay rent. Reena is joined by Urnisha Lakhani, an expert in landlord and tenant disputes, to discuss effective strategies for recovering unpaid rent. Together, they discuss the various options available to landlords, including legal proceedings, payment plans, and more drastic measures like forfeiture. Learn about the implications of each approach, the role of interest and legal costs, and the best way to handle this complicated issue while maintaining a positive landlord-tenant relationship. Whether you're a seasoned landlord or new to property management, this episode offers valuable insights to help you manage rent arrears effectively. Don't miss out on this essential guide for commercial property landlords!