Sun11192017

Last updateTue, 24 Feb 2015 5pm

Mark Shelton Training

Mark Shelton Training

Established 20 years ago, Professional Arbitration on Court Terms, or PACT, has only recently gained momentum, as Mark Shelton discusses

PACT – Professional Arbitration on Court Terms, to give it its full title – 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.