For landlords, ensuring their property is well-maintained throughout the lease term and upon its termination is crucial. To achieve this, landlords rely on dilapidations — a process that holds tenants accountable for their obligations to repair, decorate, maintain and comply with statute under the lease. In Scots law, the common law position under ...
In commercial leasing, rent review clauses can make or break a good outcome for both a tenant and landlord. The rent review clause is a provision which provides the landlord with an opportunity to review the amount of rent payable by the tenant during the term of the lease. This is important as it allows the landlord to alter the rent to reflect th...