Commercial Landlord and Tenant
Arbitration and Dispute Resolution
Warren Traynor BSc, MRICS is recognised by the RICS to have a standard of skill and competence above and beyond a general practitioner in commercial rental valuation. He is a member of the RICS President's arbitration panel and is frequently appointed to determine commercial rental disputes.
Our arbitration training and experience is invaluable. Rent review is a contractual obligation in a lease. There is a minefield of case law applicable to interpreting it. Some interpretations have serious consequences and produce artificial values. You need to know what they are in advance. The costs can be significant otherwise.
You must engage a surveyor with local knowledge to stand as a credible expert witness if there is a dispute and arbitration is required.
As experienced chartered surveyors, commercial property agents, and expert witnesses in Surrey Hampshire and Sussex, we demonstrate essential market knowledge and expert negotiation skills to get you the best possible outcome.
Similar to a rent review but governed by The Landlord and Tenant Act 1954 and the lease, the procedure is more cumbersome. It is essential to consider the process at least 12 months in advance. Dont worry if you have not, but get in touch. We are well qualified to act as expert witnesses to the courts and have detailed knowledge of all statutory matters in accordance with lease contracts and the Act.
Dilapidations and Schedules of Condition
We advise you of what you can expect at the end of your lease in a schedule of dilapidations and obligated works. The law is complex and protocols apply. It is often necessary to conduct a "section 18(1)" valuation to determine the damages that apply.