Rent Review in Commercial Leases - An Update

Introduction

This webinar will consider the rent review provisions in a commercial lease. It will include the usual types of rent review (e.g. open market, upwards only) and the common components of a rent review provision. It will also cover the usual hypothetical lease terms, assumptions and disregards such as improvements, special bid, and inducements.

What You Will Learn

This webinar will cover the following:

• Typical components of a rent review provision
• Time limits in rent reviews
• Methods of dispute resolution (expert v arbitrator)
• The role and use of comparables
• Challenging a third party’s decision
• Costs and the impact of making offers