Industry comment, updates and news from the Websters team.

Break rights and apportionment of rent

Friday, April 19th, 2013 in Commercial, Landlord, Managing Agent, News, Residential

In Manches News & Publications it is pointed out that tenants who have exercised a break right often object to paying a whole quarter’s rent for a period of time that extends beyond the break date, where that date occurs mid-quarter. However, they should be far more concerned about the alternative scenario, namely remaining on the hook for the rent and all the other lease obligations for the rest of the term, as a result of trying to save relatively small amounts of money.

Read the full article here

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