About This Course
Rent reviews are essential in commercial property leasing to ensure rental agreements remain relevant and reflect market conditions. However, executing a fair and effective rent review can be challenging without the right methods and mechanisms in place. Misunderstood clauses, administrative hurdles, and disputes between landlords and tenants often complicate the process. To maintain fairness and accuracy, commercial property managers must adopt clear strategies and involve the right experts.
You'll discover the various rent review methods available—such as CPI, market review, and fixed percentage—and the factors valuers consider when assessing fair market rent. This course will also highlight common problems in rent reviews and provide practical tools like ratchet clauses and team-based approaches to ensure both compliance and efficiency in securing the landlord’s interests.
By the end of this course, you will:
- Understand the most common rent review methods and when to apply them.
- Identify the causes of disputes and how to mitigate them early.
- Learn how to collaborate with solicitors, valuers, and finance managers.
- Recognise key considerations in determining fair market rent.
- Explore how clauses like the ratchet clause protect landlord interests.
Topics Covered:
- The Problems In A Rent Review
- Determining Market Rental Values - Methods
- Determining Market Rental Values - Considerations
- Tips For The Commercial Property Manager
- The Ratchet Clause
Course Duration: Approximately 20 minutes
Access to Course: 7 days from date of purchase
