29 April 2009
What are your rights when a tenant becomes insolvent?
The New Zealand recession will invariably affect many of your tenants' businesses and place a strain on their ability to meet their obligations under their leases. In the worst case scenario a tenant may become insolvent. As a landlord, it is important for you to understand what your rights are when this occurs and what avenues exist, if any, to protect these rights.
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