The new Commercial Tenancies (COVID-19 Response) Regulations provide a framework for compulsory rent relief for commercial tenants who have been impacted by reduced turnover and business closures during the COVID-19 emergency.
Eligible tenants may be able to request and receive rent relief from their landlord, by following the procedures set out in the Regulations. It is important that both tenants and landlords know their rights and obligations under the Regulations, when negotiating any reduced rent under their lease.