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Rent Adjustment and Tenant Default in English and German Commercial Property Leases
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Rent Adjustment and Tenant Default in English and German Commercial Property Leases : An Economic and Legal Analysis

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Book Details

Format Hardback or Cased Book
ISBN-10 3631609493
ISBN-13 9783631609491
Edition New
Publisher Peter Lang AG
Imprint Peter Lang AG
Country of Manufacture DE
Country of Publication GB
Publication Date Oct 26th, 2010
Print length 232 Pages
Weight 394 grams
Dimensions 15.60 x 21.60 x 1.70 cms
Ksh 11,100.00
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In recent years, real estate investment has witnessed an unprecedented internationalisation. However, national markets largely continue to be shaped by domestic law and local business practices. This book provides a comparison of British and German property markets, which are Europe's important, and discusses key elements of economics of leasing.
In recent years, real estate investment has witnessed an unprecedented internationalisation. However, national markets largely continue to be shaped by domestic law and local business practices. This book provides a comparison of the British and German property markets, which are Europe’s most important, and discusses key elements of the economics of leasing. Applying the theory of long-term contracts and the economic analysis of bankruptcy law to leases, it examines in detail the regulations pertaining to rent adjustment and tenant default, which can substantially impact investment performance. The prevailing rent adjustment mechanisms such as rent review and indexation are discussed. A comparison is made of the remedies available to landlords of defaulting tenants under both jurisdictions.

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