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Blog Archive

Keep up to date with our latest industry articles, in-depth case studies, new services and interesting company updates here on our blog

The Contractus
blog & archive

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Contractus Limited Contractus Limited

A new chapter: Our office relocation and what it mean for us.

As a we embark on a new chapter for Contractus, we are pleased to announce our recent office relocation. While our new office is just 300 metres away from our previous premises, it represents a significant step forward on our journey.

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Contractus Limited Contractus Limited

Store Closure? A financial audit can help you discover if you have any credits due to you!

Store Closure? A financial audit can help you discover if you have any credits due to you!

Many believe that a store closure marks the end of potential financial recovery. But that is not always the case. Even when you are shutting down multiple stores, there are valuable opportunities to recover historic overpayments.

Whether you have terminated leases or are in the process of vacating premises, it is wise to review your historical transactions to make sure that you are not leaving behind any outstanding amounts owed to you. Moreover, it is crucial to recognise that you may still be legally entitled to recover any outstanding amounts even when a lease is terminated due to store closure.

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Contractus Limited Contractus Limited

Change to your Managing Agent - What you need to be aware of (Part 2 of 2)

Change to your Managing Agent Part 2/2 - What you need to be aware of

A change in managing agent can often cause confusion when managing a retail property lease. This is largely because you have absolutely no control over when (or how quickly) a change like this will happen; often it might be sprung upon you. These challenges are compounded when there are multiple changes to the managing agent over the lifetime of a lease. So, in this two-part series we look at what you need to be aware of and how you can manage your risks.

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Contractus Limited Contractus Limited

Change to your Managing Agent - What you need to be aware of (Part 1 of 2)

Change to your Managing Agent Part 2/2 - What you need to be aware of

A change in managing agent can often cause confusion when managing a retail property lease. This is largely because you have absolutely no control over when (or how quickly) a change like this will happen; often it might be sprung upon you. These challenges are compounded when there are multiple changes to the managing agent over the lifetime of a lease. So, in this two-part series we look at what you need to be aware of and how you can manage your risks.

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Contractus Limited Contractus Limited

Property Auditing | Breaking a Lease Part 3 | The ‘how’

Breaking a lease agreement is a significant decision that tenants may face due to various reasons such as site relocation, financial constraints, or strategic imperatives.

Understanding the process is crucial to handle it effectively. This guide will explore the why, what, and how of breaking a lease. It will address the common reasons for breaking a lease, considerations tenants should keep in mind, and steps involved in the process. While each situation may be unique, this guide provides a general overview to help tenants navigate the process of breaking a lease.

As this is such a complex area we have broken this down into three blogs, which we will release over the next few weeks, each addressing one of these key areas:

• Why you would break a lease?

• What is contained within a lease and what that implies for the actions required to break it and finally

• What to do to ensure you make the break in the best possible way, protecting your business and your business relationships.

Every business has its own specific property needs and requirements, therefore nothing written here represents advice.

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Contractus Limited Contractus Limited

Property Auditing | Breaking a Lease Part 2 | The ‘what’

Breaking a lease agreement is a significant decision that tenants may face due to various reasons such as site relocation, financial constraints, or strategic imperatives.

Understanding the process is crucial to handle it effectively. This guide will explore the why, what, and how of breaking a lease. It will address the common reasons for breaking a lease, considerations tenants should keep in mind, and steps involved in the process. While each situation may be unique, this guide provides a general overview to help tenants navigate the process of breaking a lease.

As this is such a complex area we have broken this down into three blogs, which we will release over the next few weeks, each addressing one of these key areas:

• Why you would break a lease?

• What is contained within a lease and what that implies for the actions required to break it and finally

• What to do to ensure you make the break in the best possible way, protecting your business and your business relationships.

Every business has its own specific property needs and requirements, therefore nothing written here represents advice.

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Contractus Limited Contractus Limited

Property Auditing | Breaking a Lease Part 1 | The ‘why’

Breaking a lease agreement is a significant decision that tenants may face due to various reasons such as site relocation, financial constraints, or strategic imperatives.

Understanding the process is crucial to handle it effectively. This guide will explore the why, what, and how of breaking a lease. It will address the common reasons for breaking a lease, considerations tenants should keep in mind, and steps involved in the process. While each situation may be unique, this guide provides a general overview to help tenants navigate the process of breaking a lease.

As this is such a complex area we have broken this down into three blogs, which we will release over the next few weeks, each addressing one of these key areas:

• Why you would break a lease?

• What is contained within a lease and what that implies for the actions required to break it and finally

• What to do to ensure you make the break in the best possible way, protecting your business and your business relationships.

Every business has its own specific property needs and requirements, therefore nothing written here represents advice.

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Contractus Limited Contractus Limited

Contract Auditing | An underused tool in Procurement’s Toolbox?

The core aim of any procurement team is to supply the requirement of the business in the most convenient and cost-effective way, in support of its overall business strategy. Their success can be measured by reference to several variables such as price, quality, speed of delivery, customer service and so on. Crucially though, the means to achieve this should always be proactive, rather than reactive. Read more on the Contractus blog.

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