CCODR Guidance for the Coronavirus Rent Arrears Arbitration Service
In England and Wales, the Commercial Rent (Coronavirus) Act 2022 (the Act) came into effect on 25th March 2022. If you are a landlord or a tenant of commercial premises and have a problem with Covid-19 lockdown arrears you should read the recently published CCODR Guidance for the Coronavirus Rent Arrears Arbitration Service.
New Laws and Code of Practice on Commercial Rent Arrears and Covid-19
On 9 November 2021, the Government announced new legislation and a Code of Practice to resolve commercial rent arrears that accrued during the pandemic. The new legislation is intended to take effect once the current moratorium, which protects commercial tenants from eviction, ends on 25 March 2022.
