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.