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Quarter days and commercial rent arrears

12 December, 20160 Comments
In England and Wales, commercial rent is normally payable quarterly in advance. Traditionally these are known as “quarter days” and have been in use for centuries. The dates they fall on are – 25th March (Lady Day), 24th June (Midsummer Day), 29th September (Michaelmas) and 25th December (Christmas Day). Whilst many commercial landlords still use
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