Just Published: Governments Code of Conduct between Landlords and Tenants for Commercial Rents
- Thu 01 October, 2020
DublinTown was part of the consultation process and provided input into the Government’s Code of Conduct between Landlords and Tenants for Commercial Rents. DublinTown’s priority is always to make sure viable businesses can keep trading through this crisis and to maintain the city’s vibrancy and attractiveness, we welcome the publication of this code of conduct.
The voluntary Code of Conduct has been developed based on examples from other jurisdictions and with input from other Departments, State agencies and key stakeholders including DublinTown. The aim of the Code is to facilitate discussions between landlords and tenants impacted by COVID-19.
The Code acknowledges the current landscape where firms are experiencing liquidity gaps and debt overhangs. It sets out that parties should act in good faith and in an honest and transparent manner. It lists some of the issues to consider when determining the impact of COVID-19 and public health restrictions on a business and the need for concession and also some suggested options for new arrangements.
Here is a link to the publication.