Commercial property disputes in the UK can arise for a variety of reasons, including disputes over ownership, rent, repairs and maintenance, and breaches of lease agreements. These disputes can be costly and time-consuming for all parties involved, and it is important to understand the legal options available for resolving them.
We addressed every facet of commercial lease disputes in this article. This way, you can identify prospective issues and put a stop to them before they worsen.
What Causes Commercial Property Disputes?
Ownership problems are a common source of commercial property disputes. These disagreements might occur when it is unclear who owns the property or when many parties claim ownership of the same property. In such circumstances, a court may be required to determine the proper owner through legal proceedings such as a quiet title action.
Rent disagreements are another prominent source of commercial property issues. These disagreements might arise when a tenant contests the amount of rent charged or when a landlord contests a tenant’s claim for rent abatement or rent reduction. To resolve the disagreement, the parties may need to seek mediation or arbitration.
Repairs and maintenance are other areas where commercial property disputes can arise. Landlords are typically responsible for maintaining and repairing the property, but disputes can occur when a tenant believes the landlord is not fulfilling this responsibility. In such cases, the tenant may need to take legal action to force the landlord to make the necessary repairs.
Finally, breaches of lease agreements are a significant source of commercial property disputes. These disagreements can arise when a tenant violates the lease terms, such as neglecting to pay rent or utilising the property for an unauthorised purpose. In such instances, the landlord may be required to take legal action to evict the tenant or to obtain damages for the breach.
What to Do When a Commercial Property Dispute Arises?
When a commercial property dispute emerges, the parties have numerous alternatives for settling the conflict. Mediation, which involves bringing in a neutral third party to assist the parties in reaching a mutually acceptable agreement, is one alternative. Arbitration, which is similar to mediation but involves a binding decision by the arbitrator, is another alternative.
Litigation is another alternative for resolving business property problems. Litigation is filing a lawsuit and going to court to have a decision made by a judge or jury. Litigation is time-consuming and expensive, yet it is sometimes essential when the parties are unable to reach an agreement through other methods.
In the Uk, there are several alternatives to litigation, such as commercial property dispute resolution services offered by the Royal Institution of Chartered Surveyors (RICS). This service can assist the parties in swiftly and efficiently resolving their disagreement without the need for costly and time-consuming litigation.
Things to Take Away
Ultimately, commercial property disputes in the UK can emerge for a variety of reasons, and they can be costly and time-consuming for all parties concerned. Parties involved in a commercial property issue should be aware of their legal options for resolving the disagreement, which includes mediation, arbitration, and litigation. Alternative dispute resolution services, such as RICS, can also be used to promptly and efficiently resolve issues. Parties can make efforts to resolve commercial property disputes in the most expedient and cost effective manner feasible by understanding the legal options available and seeking competent legal counsel.
How Can We Help?
At Van Eaton Solicitors, we have the experience and confidence to use creative strategies to help our clients navigate the complexities of the legal process. We are deeply concerned about our clients’ positions and work relentlessly to provide strong solutions. We try to reduce costs by avoiding litigation whenever possible. If a dispute may be resolved through mediation, we can ensure that any agreement respects your rights and is legally binding.
If you require assistance with commercial property disputes, you can contact our London Solicitors here on our online form or by phone at 0208 769 6739. We will provide an initial assessment of the merits of your case to help you decide on the best course of action.