Commercial Lease Forfeiture

“Forfeiture of Lease” is a remedy available to a landlord of a commercial property – quickly enabling the taking back of the building and the termination of the lease agreement without the need for lengthy court proceedings.

 

Commercial Lease Forfeiture

“Forfeiture of Lease” is a remedy available to a landlord of a commercial property – quickly enabling the taking back of the building and the termination of the lease agreement without the need for lengthy court proceedings.

Most commercial leases contain a “Re-entry clause”, which grants permission for the landlord to effect forfeiture under the grounds of a breach of a specific covenant within the lease (normally non-payment of rent).  If this clause is not present, the landlord can still rely on their common law rights.

What We Do

Upon receipt of your instruction, we will schedule in our attendance to peaceably re-enter your property within 24 hours (quite often on the same day). The agents will gain access via a locksmith (outside of business/trading hours), create an inventory of goods within, taking photographs and utility meter readings before displaying possession notices and securing the property.

We will then send out a Torts (Interference with goods Act 1977) notice to the tenant’s last known home address, confirming our actions and advising them that they have an obligation to collect the goods within the property – failing this the landlord has the right to dispose of them as they see fit.

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