Have you thought about referring your commercial lease renewal dispute to PACT?
Professional Arbitration on Court Terms (PACT) can be a much cheaper, quicker and easier way of resolving your commercial lease renewal dispute.
Professional Arbitration on Court Terms (PACT) was introduced in 1997 as a form of alternative dispute resolution (ADR) for disputes involving commercial lease renewals. The scheme is offered by RICS and the Law Society, and aims to help landlords and tenants reach agreement without the need to go to court.
You can find out more about PACT here.
Why refer to PACT?
For one, referring your dispute to PACT can save you the time, cost and stress of going to court. And both parties are likely to get a more reasonable rent through PACT, as the arbitrator is likely to have more specialist knowledge of rent valuations than a judge.
Caught up in a lease renewal dispute? We can help you
Call Rachel Garton now on 01482 324252 or email email@example.com.Return to the insights archive »
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