Premises rent

Q: We are four partners of whom three (including me) own the surgery. We verbally agreed a rent from the fourth partner when we bought the premises from him two years ago. The practice gets notional rent reimbursement. We have now decided to increase the rent, and made the fourth partner a written offer. On a solicitor's advice we offered a licence to occupy rather than a tenancy agreement but have not yet received a response. I wonder what we should do if the partner rejects our offer and we cannot reach an agreement?

by John Hearle

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