Coronavirus advice for landlords: how to reduce rent temporarily - News Summed Up

Coronavirus advice for landlords: how to reduce rent temporarily


Q The tenants of our rental property have not worked since the start of the coronavirus lockdown. They have asked for a reduction in rent. A The coronavirus crisis will inevitably throw up legal issues not seen since the Second World War, such as the effect of temporary agreements on carefully drawn-up tenancy agreements and leases. One of the most famous cases in English law is the 1946 decision in Central London Property Trust v High Trees House. In 1940 the landlord of a block of flats agreed to a halving of rent against the background of the “prevailing conditions” at the time.


Source: The Times April 16, 2020 22:59 UTC



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