Implications for Landlords - Tenant Insolvency
If a tenant fails to pay the rent due under a lease, the landlord has three options:
- seize property from the tenant
- take court action against the tenant
- forfeit the lease, either by court action or peaceable re-entry
However, if the tenant cannot pay the rent because they are, or may shortly become, insolvent, a landlord’s rights may be restricted by the Insolvency Act 1986.
We can explain the relevant provisions of the Act and any implication that may affect you, as a landlord.
- DISQUALIFICATION OF DIRECTORS
- RESERVATION OF TITLE
- IMPLICATIONS FOR LANDLORDS - TENANT INSOLVENCY
- CORPORATE RESCUE & RECOVERY
- PERSONAL INSOLVENCY
- BUSINESS SALES/PURCHASES FROM INSOLVENCY PRACTITIONERS
- TRUST/PROPERTY ISSUES ARISING FROM INSOLVENCY
- INVESTIGATIONS/RECOVERIES FOR CREDITORS
- TRADING A COMPANY WHILST INSOLVENT
- DEBT RELIEF ORDERS
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