‘CRAR’ to replace distress for rent in April
By James Hordern
Distress for rent is an ancient common law remedy. It permits a landlord to recover unpaid rent by seizing property on the tenant’s leased premises and selling it to pay off the arrears.
The remedy will be abolished from April 2014 and replaced by a statutory procedure called Commercial Rent Arrears Recovery (CRAR).
There are a number of crucial changes that will affect landlords…
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