What Is Forfeiture Of Lease and When Can It Be...
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We will take a look at your Commercial Rent Arrears Recovery and guide you on your next step. This is a FREE service without obligation – we just want you to be able to get an answer to what to do next
If you’re a commercial property owner, you can recover your rent arrears without needing a court order by using Commercial Rent Arrears Recovery (CRAR). It is a statutory procedure that allows you to recover rent arrears by taking control of the tenant’s goods and selling them. However, this only applies to commercial tenancies subject to a written lease. The rent arrears must be at least 7 days’ worth or more at the time that the Notice is served and at the time of enforcement, and landlords do not have the right to seize goods – this can only be actioned by certified enforcement agents, such as Shergroup.
Use our FREE review service to work out your best enforcement option. Just complete our simple form and upload a copy of your outstanding rent invoices along with a copy of the Notice of Enforcement that you have sent to your commercial tenant and one of our trained Business Solutions Advisors will help you get back on track with your situation.
As a general rule, only landlords of commercial properties when the tenant is still using their property can use CRAR. A written lease is also required. A contractual right to occupy is insufficient.
Before any action can be taken, a minimum of 7 days’ rent must be owed, and a notice of enforcement containing prescribed information must be provided to the tenant at least 7 clear days before any goods are taken. If there is a risk of tenants removing things from the premises, you can ask the court to shorten the notice time (e.g., during insolvency).
Other requirements of CRAR include:
Before you exercise a CRAR, you need to make sure the following conditions are met |
By using Shergroup’s expert enforcement team you will get to work with the enforcement agents you can see on “Call the Bailiffs”. We use a combination of enforcement, legal and insolvency strategies to recover overdue invoices on a “no win, no-cost basis. We can help you with any paperwork by enlisting the help of one of our business solution advisors, who will be happy to talk to you about your situation. We can also provide invoice lending options for businesses that require additional capital fast. So, don’t lose hope, instruct us today and we’ll help you enforce the CRAR notice and recover your rent arrears.
Use our online channels to contact us about any query you have. We are here to help you get your situation resolved.
Phone | 020 3588 4240 | Email | [email protected]
What Is Forfeiture Of Lease and When Can It Be...
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Last updated | 19 July 2023
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