PACT

Professional Arbitration on Court Terms (PACT) is available to the parties to a disputed lease
renewal, by agreement, as an alternative to the expense and procedural complexity of a Court
determination. Usually only adopted when all other terms of the renewal lease have been agreed,
and the parties feel it more appropriate to have the question of rent determined by a surveyor who
is an expert in the field/class of property concerned, than a judge.