Agreeing Rent Concessions - Surviving COVID-19 & Beyond
The Covid-19 crisis and the effects of lockdown have seen landlords and tenants agreeing rent concessions of various kinds to keep tenants’ businesses afloat. The concern is that in the rush to get something documented, the risks and pitfalls may not have been completely appreciated. This webinar addresses the issues in a practical way.
Module Duration: 1 hour 5 minutes
Topics covered will include:
- Should successors in title be bound by the terms of the concession?
- Potential consequences upon lease renewal
- Making sure that guarantors are not released from their covenants
terms should apply on tenant default?