Commercial Rent
Our Commercial Rent Distress services include
- Serving of Documents
- Seizure under the Rent Distress Act
- Repairers Lien Act and Personal Property Security Act
Fees for Commercial Rent Distress differ dependant on the assignment along with time spent.
The three types of seizures most frequently performed are:
- WALK IN SEIZURE A 'Walk in Seizure' is the action taken most commonly performed. In this case we go to the premise and attempt to negotiate a settlement of the account. All goods on the premises are put under seizure and are inventoried. The tenant at this time stating that the goods will not be removed from the premises, signs a 'Bailees Undertaking'. This action is only taken when an agreement for full payment has been reached along with all bailiff fess and has been agreed to by the landlord.
- REMOVAL OF GOODS This proceeding is taken when no settlement of the account can be reached by both the Landlord and the Tenant. This process leads to the 'Sale of Goods' and is the most costly.
- LOCK CHANGE An undertaking is signed by the Tenant and does not represent the Termination of Tenancy. This process is taken in the case where the Landlord and the Bailiff feel the distrained goods may be in jeopardy of being removed from the premise. This process allows the Tenant time to make arrangements for the rental/lease arrears plus the cost of the Bailiff fees without acquiring removal costs.