Statutory Rent Restriction Clause Samples
A Statutory Rent Restriction clause sets limits on the amount of rent that can be charged or increased, as mandated by applicable laws or regulations. In practice, this clause ensures that the landlord cannot demand rent above the maximum allowed by statute, and any rent reviews or adjustments must comply with legal caps. Its core function is to protect tenants from excessive rent increases and ensure the lease remains compliant with government-imposed rent control measures.
Statutory Rent Restriction. If at any of the Review Dates there shall be in force a statute which shall prevent, restrict or modify the Landlord’s right to review and increase the Rent in accordance with this Lease, the Landlord shall when such restriction or modification is removed, relaxed or modified be entitled on giving not less than one month’s notice in writing to the Tenant to proceed with any review of the Rent which may have been prevented (or further to review the Rent in respect of any review where the Landlord’s right was restricted or modified) and the date specified in the said notice shall be deemed for the purposes hereof to be a Review Date (providing that nothing herein shall be construed as varying any subsequent Review Dates) and the Landlord shall be entitled to recover any resulting increase in Rent with effect from such date as shall then be permitted by law.
Statutory Rent Restriction. The Tenant's Covenants 1. Rent 2. Outgoings 3. Superior Lease 4. Insurance 5. Repair 6. Decoration 7. Keep Tidy 8. Amenity Land 9. Residence 10. Smoke Abatement 11. Pollution 12. Drains 13. Roof and Floor Weighting 14. Refuse 15. Machinery 16. Unloading 17. User 18. Alterations 19. Planning Acts 20. Statutory Obligations 21. Access of Landlord and Notice to Repair 22. Dealing 23. Signs and Advertisements 24. Temporary Buildings 25. Notices Specifying Breach 26. Indemnities 27. Reletting Boards 28. Landlord's Rights 29. Plans 30. Encroachment 31. Yield Up 32. Licence Fees 33. Interest on Arrears 34. Registration of Documents 35. Sale of Reversion 36. Notices