Tenant arrears and bankruptcy
The residential rental market remains popular, having tripled in size over the past 20 years or so. One of the most popular topics is individual debt and the reasons for falling into debt, be it entering the vicious circle of short-term loans, bad debt prioritisation or even wilful default. Landlords should foresee that there may be times when tenants cannot pay their rent and should be practical in their approach to this issue.
This section considers the options available to a landlord if tenants fail to pay their rent and how these rights differ when tenants become insolvent.
This section is maintained by Winston Jacob, Barrister at Lamb Chambers.
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