Rent reviews can be the cause for concern and contention between landlord
and tenant. This is highlighted by the fact that the concept of a Rent
Review is between a hypothetical landlord and hypothetical tenant, with
various assumptions to be made, that may not be concurrrent with prevailing
market conditions.
It is therefore recommended that instructions are received well in advance
of the Rent Review date, in order that the terms of the lease can be clarified
and an early report and estimated rental advised on, highlighting the
implementation and strategy for undertaking the Rent Review, which will
vary depending on the nature of the Rent Review.
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