Leases commonly include rent escalations at specified times over the course of the lease and any extended periods. Rent escalations often include market rent reviews at fixed times for example at the commencement of lease extensions. Review or assessment of leases are performed by expert valuers however the timing, appointment of valuers, process and mechanism for valuing rental properties can have a substantial impact on the outcome of the assessment of rent.
Leasepro has the expertise and experience to guide you through rent assessments and reviews with clear and practical advice regarding your rights and best options. Get in touch for no-obligation information about how we can help you.