Using flowcharts, checklists, selected drafting examples and an overview of the principal terms of commercial leases, the Guide sets out recommended approaches to negotiating lease terms and identifies solutions to a variety of legal issues.
This edition contains two new chapters:
- Energy Efficiency and Certification
- Green Leases
Plus new sections on:
- Indexed rent reviews
- Stamp Duty Land Tax
- Lease or licence? The difference between them
Original content has been fully updated with recent case law developments and new examples to explain key principles, including:
- Capital Allowances
- Dilapidations
- Security of tenure
Broadly following the structure of a typical lease of commercial premises, the book provides clear commentary on the Code for Leasing Business Premises in England and Wales 2007, the RICS Service Charge Code and other relevant guidance. It provides straightforward advice on applying the Codes for surveyors and lawyers alike, illustrated with the latest case law and practical examples.
Updated to reflect current topical issues, Commercial Leases 2009 also includes two new chapters on Energy Efficiency and Certification, and on Green Leases, with expanded coverage of index-linked rent reviews, Stamp Duty Land Tax, and the distinction between leases and licences.
'A very user friendly guide and point of reference, written with the surveyor in mind, that will benefit all us involved with commercial leases.'
--- Mark Frampton, Director, GVA Grimley Ltd
'Highly recommended for those that wish to be one step ahead in commercial lease negotiations.'
--- Jeremy Pilgrim MSc MRICS Head of Property Development and Disposals London Borough of Southwark.
