Distress and forfeiture as the property manager′s options

Abstract

Considers the use of distress as an effective and efficient means of resolving non‐payment of commercial property rent. Asserts that distress is rarely used because it is not properly understood. Discusses which goods are excluded from distraint, the role of bailiffs in such cases, valuation of distrained goods and the enforcement of Walking Possession Agreement in relation to distress.

Citation

Pennicott, P. (1993), "Distress and forfeiture as the property manager′s options", Property Management, Vol. 11 No. 1, pp. 48-52. https://doi.org/10.1108/EUM0000000003394