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| CLICK TO DOWNLOAD A WARRANT TO DISTRAIN CLICK TO DOWNLOAD A WARRANT FOR REPOSESSION Founded in 1981 the company now operates and specialises in the areas of Distress for Rent and Repossession of Commercial Property throughout England & Wales from our Office in Leicester. Offering the extensive professional skills of staff and associates resident throughout the country. Rent recovery by Distress is the most Cost Effective Remedy for Commercial Rent Arrears. All of the costs involved are paid by the tenant, the charges and fees are laid down by the Distress for Rent Rules 1988, any commissions agreed are paid by the landlord and chargeable back to the tenant ( under the terms of modern day leases) and can be distrained for at the next rent period CLICK TO DOWNLOAD A WARRANT TO DISTRAIN CLICK TO DOWNLOAD A WARRANT FOR REPOSESSION Commercial Landlords Easy Free Way To Rent Recovery Landlords of Commercial property can recover Rent arrears by using a Certificated Bailiff without going through the court process by simply signing a Rent Warrant under the Distress for Rent Act without any notice to the Debtor providing the following conditions are met anywhere in England and Wales 1. There must be a rent warrant issued and signed on the forms we provide. 2. There must be an existing tenancy agreement or a previous one in place that has expired 3. The rent must be one day overdue or more. 4. The landlord must not have issued any proceedings regarding this debt 5. Distress can only be executed at the property for which the rent is in arrears, not the tenants home or any other business premises. Only goods which are not protected by law may be seized by the Bailiff. Please note the tenant pays the Bailiff fees as set out by Law. Frequently Asked Questions How much will this cost the landlord? Nothing - this is a free service the debtor pays our fees along with the rent arrears as set out by law. The commission payable to us by the landord is recoverable from the tenant under the terms of most modern leases. Will the debtor be charged a fortune? No - our fees are set by law and lodged with the County Court. Is it a complicated procedure to instruct you? No - you can download a Warrant from the links bon this page, complete and sign it and fax it back. Instructing us is that simple. How long does it all take take - Willi have to wait months for my money ? From wreciept of the Warrant, we would normally make the first visit to the debtor within 2 working days very often it is within 24 hours sometimes the same day. Do we need to apply to the court? No - Commercial Rent Recovery is unique in that the Landlord has the power to sign the Warrant. Distress for rent is regulated by the Distress For Rent Rules 1988. Can the debtor be given time to pay? The Law allows 5 days Walking Possession (which the debtor must pay for) at the Bailiffs discretion, but a further 10 days extension of time is allowed. We cover the Midlands, and using our agents can act thoughout the country. Why do Landlords use the method of Rent Recovery ?/ It is cheap, easy and quick, and once we have levied no other Bailiff can levy i.e. for Rates , Inland Revenue, VAT etc. that secures the debtors goods for the Landlord and also can secure any of the landlords goods on the property from further seizure. I want the premises back! Forfeiture of Lease / Commercial Property Repossession In most commercial leases, the landlord has the right to terminate a lease without going to courts provided that the rent arrears still exist after a certain period specified in the lease. Where you choose to repossess the property, we can operate on a fixed fee plus Locksmith at very short notice. Please note the law does not allow us to Distrain and take Possession of your Property at the same time it must be one or the other. However if more that one rent period is overdue we may Distrain for oone rent period then on a seperate day we can take Possession of your property for the remaining rent period SURVEILLANCE EQUIPMENT CLICK HERE FOR ON LINE EQUIPMENT SHOP |
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