Within our property enforcement team, we have a knowledgeable and professional team of commercial lease enforcement experts to assist property owners with Commercial Rent Arrears Recovery (CRAR).
We provide full national coverage and have dedicated enforcement agents throughout England and Wales.
How does the CRAR process work?
Why instruct Equivo to recover commercial rent?
We use Certificated Enforcement Agents for a faster turnaround time of your case. The tenant will also pay our fees.Instruct Us
The CRAR process in full
We send the tenant a formal Notice of Enforcement giving 7 clear days in which to pay the outstanding rent, together with charges payable under the CRAR regulations.
If the tenant does not pay after the expiry of this notice, our enforcement agents will visit the tenant at the address where the rent is due. At all times our enforcement agents will aim to take payment in full from the tenant on the first visit.
Unless payment is made by cleared funds, the enforcement agents will take control of the tenant's goods and enter into a Controlled Goods Agreement (previously known as a Walking Possession Agreement). A detailed inventory is taken of the goods that have taken into control within the curtilage (area) of the lease, usually inside the building. Dependent upon the lease, this can also include car parking spaces or compound storage.
Where the tenant does not make payment, we would request the landlord's approval to remove the goods. Where this action is required, we will arrange the removal and sale. After attendance, we will send the landlord a written report of action taken or make contact by phone if urgent instructions are required.
FAQs on CRAR
What can be recovered under CRAR?
What can be seized under CRAR?
Who can take control of goods under CRAR?
Which leases can CRAR be used for?
Commercial Rent Arrears Recovery (CRAR) Experts
For further information on how Chartsbridge can assist you with the enforcement of Commercial Rent Arrears Recovery, please contact our London office on 020 7788 8484 or instruct us online.