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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
Non payment of rent due to Covid19
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<blockquote data-quote="Mounty" data-source="post: 6948117" data-attributes="member: 674"><p>Got a commercial tenant renting offices and warehouse from us. Been a tenant for about 5 years. Pretty big company operating nationally. 1st of April when quarterly rent was due they wrote to us saying due to Covid and reduced cashflow they would be unable to pay the rent. They would write to us again at the end of June to update us on the situation. By the end of June they will owe another quarters rent. </p><p>We've sent statements of their arrears to them just as a gentle reminder. </p><p>Just wondering what our legal rights are here to recover the money? We've let things lie for the time being but feel 3 months before they even update us is a bit unreasonable.</p></blockquote><p></p>
[QUOTE="Mounty, post: 6948117, member: 674"] Got a commercial tenant renting offices and warehouse from us. Been a tenant for about 5 years. Pretty big company operating nationally. 1st of April when quarterly rent was due they wrote to us saying due to Covid and reduced cashflow they would be unable to pay the rent. They would write to us again at the end of June to update us on the situation. By the end of June they will owe another quarters rent. We've sent statements of their arrears to them just as a gentle reminder. Just wondering what our legal rights are here to recover the money? We've let things lie for the time being but feel 3 months before they even update us is a bit unreasonable. [/QUOTE]
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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
Non payment of rent due to Covid19
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