Commercial Rent Distress
Right to distraint for defaulting commercial leases
As a commercial landlord you have the right to distraint once lease payments are in arrears. Elite Bailiff Services will advise and act in your best interests to efficiently and professionally carry out the distress on your behalf.
Elite Bailiff Services of Surrey has over 30 years of experience assisting landlords who wish to exercise their right to distraint. Acting as your agent, Elite Bailiff Services will carry out your instructions regarding repossession and seizure of property to help recover the monies in arrears. We work ethically and conscientiously to minimize any stress that may arise in these situations.
Seized assets can be stored in our large, secure lots. Should a tenant continue to default and the landlord need to take the next step to recover costs, Elite Bailiff Services will prepare and sell the assets with all effort directed toward obtaining the maximum value. Assets will be made viewable in person at our lot in Langley, and online on our website.
Duties we perform in carrying out commercial rent distress
- Take physical possession of the premises
- Seize equipment, goods and chattels
- Store seized assets while landlord awaits tenant payment
- Sell seized items to recover monies owed by defaulting tenant
Rent distress for commercial properties is one of the fastest, most cost-effective remedies a landlord can use when dealing with a defaulting tenant. Elite Bailiff Services quickly and capably secures building premises and assets. We are specially equipped to store and sell assets to help you maximize the recovery of your costs and minimize your losses.
For professional assistance in exercising your right to distrait, contact Elite Bailiff Services for a free, no-obligation estimate.
