Landlords taking ‘fair’ approach to rent deferrals
The SCS, in a submission to the Department of Justice, said its members have reported that landlords “are agreeing confidential concessions – notwithstanding the terms of the lease – to help tenants get through the current economic difficulties.”
“Our members are at the coalface and are very aware of the pressures the current recession has brought to bear on both sides. Our members are telling us that landlords are carefully weighing up the commercial reality of losing a tenant against the legal and financial obligations of that tenant and acting accordingly,” said SCS president, Sean McCormack.
