CRAR: Commercial Rent Arrears Recovery – new rules for sending in the bailiffs
King & Wood Mallesons has reported that CRAR (Commercial Rent Arrears Recovery) – the new rules for seizing a tenant’s goods – comes into force on 6 April 2014 in England & Wales, replacing the ancient common law rules of distress for rent. CRAR is designed to be fairer to tenants, but will it be an effective remedy for landlords and are there any alternatives?
Read the full article here
