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Keeping It Real Estate News and Trends in UK Real Estate, Disputes and Planning Law

Tag Archives: Commercial Rent Arrears Recovery

Posted in Real Estate News

CRAR creeps closer – more new regulations introduced

The implementation of Commercial Rent Arrears Recovery (CRAR), which will replace the law of distress, has taken a step forward.  On 9 January 2014, new regulations (Taking Control of Goods (Fees) Regulations 2014) were made for enforcement agents to recover fees and disbursements for CRAR from debtors.  There are three stages to the new process

Posted in Real Estate News

Commercial Rent Arrears Recovery – a step closer

The UK government has finally taken its second legislative step towards reforming the law of distress and replacing it with the snappily named Commercial Rent Arrears Recovery (CRAR) which it originally mooted six years ago in the Tribunals Courts and Enforcement Act 2007.  Despite uncertainty over the future of CRAR, the new regime is likely