Law

Learn The Basics Of CRAR And The Rights As A Landlord

It is very essential for a tenant to pay commercial rent on time or it gives the landlord the authority to evict him or her from the business property. If you have taken a business property on lease then it is very essential to have a thorough knowledge about commercial rent arrears recovery process to avoid any trouble in future.

Why is it necessary to know the procedure?

Due to the CRAR recovery procedure, a landlord can not only evict the tenant but he or she can sell the belongings of the tenant to recover the due rent. During the initial stage, the landlord will send an enforcement agent to the tenant so that he can collect the rent and to see if the property of the tenant which would fetch him considerable amount of money on selling the items. It is also advised to payback the sum due within a weeks’ time.

If you won’t be able to pay the due sum in time then the landlord has the authority to send a legal notice from the court of law which you have to follow. The legal notice will be in the form of letter which will state the due amount of rent that you have to pay. Due to the CRAR, the landlord also has the right to apply for different tenant insolvency proceedings viz. compulsory liquidation, CVA, receivership etc. Furthermore, landlord can also go for voluntary liquidation process in which the court imposes no restrictions on the landlord and he can sell any of your belongings.

This article was provided by  Commercial Evict LTD.

Brief Guide About Choosing A Lawyer For Your Will And Estate Planning

Choosing a lawyer for your Will, Trust, or Estate is a delicate task but it’s one of the most important legal decisions taken by you. Not every lawyer can handle the task of managing the legal side of your Will, Estate or Trust. You need an expert on these jobs. There are various factors that you need to consider before choosing a lawyer to represent your Estate and/ or Trust.

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Field of practice

You need a practicing lawyer who works in Florida with an exclusive portfolio of Wills, Trusts and Estate. In Florida, there are many lawyers who practice in this field, but not everyone who practices in Wills, Trusts and Estate will be a suitable candidate. If your Florida Wills and Trusts specialist has primary practice (75% or more of his total case count) in the field of Wills, Trusts and Estate, then he or she is a suitable lawyer to represent you.

Experience in the field and credentials

Experience in handling the cases in the field of Wills, Trusts and Estate is a major factor. You should find out and analyse the experience of the lawyer based in Florida that you are considering to handle your Wills, Trusts and Estate. In Florida, the number of lawyers proclaiming to be an experienced expert in the field of Wills, Trusts and Estate is numerous, but your Florida Wills and Trusts specialist should have the specific experience in the field of Wills, Trusts and Estate.

Comfort level

You have to share your personal details with the lawyer and in this, the comfort level you have is a major factor. You should choose a lawyer with whom you can comfortably talk and discuss things that are personal and delicate in nature.

All these factors play an important part in hiring a lawyer that is best suited to your needs.