Turnover Rent - The Pros & Cons for Landlords & Tenants
Introduction
Turnover rent comes into and out of fashion with the changing market, but practitioners should be aware of the basics in case they encounter this tricky area.
By watching this webinar, you will be better equipped to advise clients regarding turnover rent and handle drafting of turnover rent provisions. Often (and unhelpfully) heads of terms for a lease will simply state that ‘rent will be based on turnover’ with little detail.
By the end of this webinar, you will note the importance of detailed turnover rent clauses to minimise the potential for future disputes. As well as describing the pros and cons of turnover rent, the webinar aims to provide practical drafting tips and instill an understanding of the need to apply the provisions with the particular circumstances of that lease in mind.
What You Will Learn
This webinar will cover the following:
- What turnover rent means
- How it can be calculated
- Advantages to turnover rent
- Disadvantages to turnover rent
- Practical drafting tips
- A consideration of the JD Sports case
This pre-recorded webinar will be available to view from Wednesday 20th August 2025
Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.