Tenant default: is the worst yet to come?

Abstract

Considers from the landlord′s surveyors perspective the problem of dealing with tenants who are in default. Analyses the various remedies available to the landlord, including forfeiture, levying distress, serving a writ, and issuing a bankruptcy petition. Examines the effects of insolvency, positive trading covenants, and methods of preventing future default problems. Concludes that with a high company failure rate, a realistic outlook and fast action are necessary.

Citation

Westbrook, A.J. (1993), "Tenant default: is the worst yet to come?", Property Management, Vol. 11 No. 3, pp. 199-206. https://doi.org/10.1108/EUM0000000003397