Professional Arbitration on Court Terms article
I recently wrote an article in the Property Law Journal on PACT, Professional Arbitration on Court Terms, to give it its full title.
PACT provides an alternative procedure for the determination of lease renewals under Part II of the Landlord and Tenant Act 1954. It was established in 1997 jointly by the Law Society and the RICS, and the aim was to be able to lift lease renewals out of the court system.
You can read the full article HERE