a provision in the lease of a business premise whereby the amount of the rent being paid is reconsidered at stated intervals, for example every three or five years
Examples of 'rent review' in a sentence
rent review
And in five years, there's a rent review — upwards only.
Times, Sunday Times (2018)
The tied tenants can also request a rent review every five years.
The Sun (2014)
The judge had therefore been wrong to limit section 13(1)(b) to fixed amount rent review clauses.
Times, Sunday Times (2007)
In relatively rare instances, the lease will allow the landlord to increase the ground rent at set intervals using a rent-review formula.
Times, Sunday Times (2013)
A moveable rent review date, as contemplated by the third interpretation, although not unknown, was unusual in the context of commercial leases.
Times, Sunday Times (2007)
First, the rent review clause had not been entered into in the normal commercial context.
Times, Sunday Times (2007)
About half that estate has a rent review due in the next three years, suggesting significant savings.
Times, Sunday Times (2013)
I asked around and the word is that it was a rent review that turned the light out.
Times, Sunday Times (2015)
Where there was an uncompleted rent review, the rent that became due and payable on each payment day was the pre-review rent.
Times, Sunday Times (2008)
The first two interpretations accorded with what those familiar with commercial rent review clauses would expect.