Small savings might well amount to a big saving
Language: English Series: Estates Gazette ; (0613) 1 April 2006, 135(1)Subject(s): Summary: Advises checking commercial service charges against the lease to ensure that tenants are not overpaying. Some items might be challengeable. Unlike residential property there is no statutory regulation of commercial service charges and there is only a weak general presumption by the courts that a commercial service charge must be reasonable. The commercial tenant's obligations are governed entirely by the terms of the lease. Small savings against each demand could however amount to a worthwhile sum over the years.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L133049 (Browse shelf(Opens below)) | 1 | Available | 133049-1001 |
Advises checking commercial service charges against the lease to ensure that tenants are not overpaying. Some items might be challengeable. Unlike residential property there is no statutory regulation of commercial service charges and there is only a weak general presumption by the courts that a commercial service charge must be reasonable. The commercial tenant's obligations are governed entirely by the terms of the lease. Small savings against each demand could however amount to a worthwhile sum over the years.