Empty rate liability and the mortgage
Abstract
Examines the question of liability for rates on empty premises in the light of an increasing number of property vacancies in the United Kingdom. Discusses the general principle of rate liability, classes of property liable to empty rates, ownership, mortgagee′s right to possession, avoiding liability, liquidation, and minimizing the empty rate. Concludes that the potentially onerous liability of empty rate has to be weighed against the loss of control by the mortgagee, for example, through a receiver.
Keywords
Citation
Steiner, M. and Turton, J. (1992), "Empty rate liability and the mortgage", Property Management, Vol. 10 No. 2, pp. 94-99. https://doi.org/10.1108/02637479210030240
Publisher
:MCB UP Ltd
Copyright © 1992, MCB UP Limited