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EG: Covid rent arrears: to forfeit, or not to forfeit?

Posted on 5 May 2022

In a recent piece for EG, Property Litigation Partner Joanna Lampert and Associate Michael Clarke reflect on the return of landlords’ rights for non-payment of unprotected commercial rent debts.

The moratoria imposed by section 82 of the Coronavirus Act 2020, which prevented forfeiture of leases for unpaid rent and the use of commercial rent arrears recovery (CRAR) came to an end at 11.59pm on 25 March 2022. Subject to new restrictions imposed by the Commercial Rent (Coronavirus) Act 2022, which came into force on 24 March 2022, landlords will now be able to forfeit leases for unpaid rent or exercise CRAR provided that the arrears in question are not “protected rent debt”. So what happens now?

For EG's full article, click here (subscription required).

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