Market rent review clause | Practical Law

Market rent review clause | Practical Law

A clause providing for changes to the rent payable, to reflect the market value of the premises.

Market rent review clause

Practical Law UK Standard Clause 7-382-7037 (Approx. 13 pages)

Market rent review clause

Maintained, England, Wales
A clause providing for changes to the rent payable, to reflect the market value of the premises.
Any provisions dealing with the review of rent should be considered carefully and, if necessary, a surveyor with appropriate experience should review the proposed wording. It is also important to consider how the wording of a clause that is being inserted into a lease affects, or is affected by, the other provisions.