Data Management Flashcards
(2 cards)
1
Q
How did you use financial data to assess the assignee’s covenant strength?
A
I reviewed their financial statements and prior rent payment history, and confirmed their performance on other leases within the client’s portfolio. This gave assurance to the client.
2
Q
What arrears information did you analyse, and how did it influence your recommendations?
A
I verified the £11,500 arrears from the rent ledger. I recommended a payment plan, with full payment required before assignment. This protected the landlord’s position while maintaining goodwill.