Asked by
raymond acchar
on Nov 10, 2024
Verified
When a tenant fails to pay rent on a leased commercial property, the common law right of distress is available to the landlord.
Right of Distress
The legal ability of a landlord to seize a tenant's assets for unpaid rent or other dues.
- Gain insights into different legal frameworks governing banking, secured transactions, and recovery measures upon default.
Verified Answer
RS
Learning Objectives
- Gain insights into different legal frameworks governing banking, secured transactions, and recovery measures upon default.
Related questions
Legislation and the Principles of Contract and Common Law Primarily ...
Any Substantial Change in the Nature of the Contract Between ...
In Case of Default by Either the Creditor or Debtor ...
A Confirmed Letter of Credit Is Another Name for a ...
The Debtor Usually Retains Possession of the Goods Used to ...