Rent review provisions in leases are not standardised and can vary significantly from one lease to another.
The terms and conditions related to rent reviews are typically negotiated between the landlord and tenant and can be customised to suit their specific needs and preferences.
As a result, rent review provisions will differ in each lease agreement based on the agreements reached between the parties, the property type, and other relevant factors.
It's essential for both parties to carefully review and understand the rent review provisions outlined in their specific lease agreement to ensure compliance and clarity.