Landlords and tenants . . . getting on terms – The Irish News – The Irish News

THE pandemic has had a significant impact on many businesses’ ability to pay rent, and as a result there has been much talk about the negotiation that is taking place between landlord and tenant.

In response to the growing number of commercial rent disputes, Rics has launched a commercial rental independent evaluation service to help landlords and tenants negotiate payments during Covid-19.

The service is designed to ensure a clear, balanced dialogue between landlord and tenant, including an incisive analysis of the tenant’s grounds for non-payment and the landlord’s prerequisites for making concessions, and comes in response to government’s recently launched Code of Practice for commercial property relationships during the Covid-19 pandemic.

The Code of Practice contains recommendations that landlords and tenants use a third-party mediator to help with any payment negotiations during this difficult period of time.

To ensure the new service would help all parties involved, Rics consulted

Continue reading this atricle at http://www.irishnews.com/business/2020/08/04/news/landlords-and-tenants-getting-on-terms-2022993/