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ARTICLE · 22 JULY 2013

CRAR Is On Its Way

Charles Russell Speechlys LLP
Charles Russell Speechlys LLP
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Charles Russell Speechlys LLP

Charles Russell Speechlys LLP

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Over the years since the Tribunals Courts and Enforcement Act 2007 received Royal Assent, we have been constantly asked when Commercial Rent Arrears Recovery will replace the landlord self-help remedy of distress.

United KingdomReal Estate and Construction
Richard Flenley
Richard Flenley

Over the years since the Tribunals Courts and Enforcement Act 2007 received Royal Assent, we have been constantly asked when Commercial Rent Arrears Recovery ("CRAR") will replace the landlord self-help remedy of distress.

We have of course written, in tandem with Peter Mooney, senior partner of the County Bailiff Company, the leading text book on this subject in partnership with The Law Society.

The breaking news is that the legislation required in order for Parliament to commence the bringing into force of CRAR (whether in its current form or as ultimately amended) was passed on 15 July.

We must now watch this space in order to establish exactly when CRAR will arrive and in what form. However, whatever happens, there will be an updated version of the Law Society book ("Enforcement and Debt Recovery: A Guide To The New Law") following hot on the heels of the changes.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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