rent review
Frequency: 5.54.5 per million words
a process of re-evaluating and possibly changing the rent amount
Categories:
Examples (10)
- The landlord has scheduled a rent review for next month.
- According to the lease, a rent review takes place every three years.
- The tenant was shocked by the outcome of the recent rent review.
- We are currently negotiating the terms of the upcoming rent review.
- Most commercial leases include a clause for an upward-only rent review.
- The rent review resulted in a 10% increase in monthly payments.
- They decided to hire a surveyor to assist with the rent review process.
- If the parties cannot agree during a rent review, an arbitrator may be called.
- The new legislation affects how a rent review is conducted in this sector.
- You should check your contract for the specific date of the next rent review.