• Understanding Commercial Rent Arrears Recovery (CRAR): A Landlord’s Guide

  • Oct 5 2024
  • Length: 11 mins
  • Podcast

Understanding Commercial Rent Arrears Recovery (CRAR): A Landlord’s Guide

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  • Summary

  • Commercial Rent Arrears Recovery (CRAR), a legal procedure in the UK that enables landlords to reclaim unpaid commercial rent. CRAR allows landlords to seize and sell a tenant's assets to recover outstanding rent, providing an alternative to costly and time-consuming legal action. The source outlines the conditions for using CRAR, the steps involved, the advantages and disadvantages for landlords, and tips for navigating the process effectively.

    Source:corporatedebtrecovery.co.uk

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