Commercial Rent Arrears Recovery: causing distress for landlords
By Sian Walker The Taking Control of Goods Regulations 2013 were passed on 26 July 2013, bringing major changes to commercial landlords’ ability to recover rent from defaulting tenants when the regulations come into force on 6 April 2014. The new Commercial Rent Arrears Recovery (CRAR) system will replace landlords’ common law right of distress. […]