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When alternatives become the norm

By: Series: Estates Gazette ; (0239) 28 September 2002, 144-145(2)Publication details: 2002Subject(s): Summary: The third in a four part series on the new voluntary code of practice for commercial leases shows how valuers can adopt flexibility through option pricing. Illustrates how the following recommendations in the code involve option pricing to some degree: recommendation 1 on renting premises; recommendation 4 on the duration of the lease; recommendation 5 on rent and value-added tax; recommendation 6 on rent review; recommendation 7 on repairs and services; recommendation 9 on assigning and sub-letting; and recommendation 10 on alterations and changes of use. Code available at www.commercialleasecodeew.co.uk
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Journal article London Journal article ABS66073 (Browse shelf(Opens below)) 1 Available 120366-1001

The third in a four part series on the new voluntary code of practice for commercial leases shows how valuers can adopt flexibility through option pricing. Illustrates how the following recommendations in the code involve option pricing to some degree: recommendation 1 on renting premises; recommendation 4 on the duration of the lease; recommendation 5 on rent and value-added tax; recommendation 6 on rent review; recommendation 7 on repairs and services; recommendation 9 on assigning and sub-letting; and recommendation 10 on alterations and changes of use. Code available at www.commercialleasecodeew.co.uk