McKenzie Pollock - Commercial Property ConsultantsMcKenzie Pollock - Commercial Property Consultants
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26 April 2024

 

Open Market Rental Value is the normal provision within a rent review clause.  This area has become very specialised in recent years and provisions elsewhere within the lease can have sometimes an unexpected effect on the interpretation of open market value.  Specialist advice is normally recommended by solicitors and the services of Chartered Surveyors utilised in this regard to assist both landlords and tenants to arrive at assessments of open market value, reflecting the circumstances in the contracts.


   



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