Service charges in commercial property RICS code of practice, Scottish edition
Service charges in commercial property RICS code of practice, Scottish edition
[old edition]
- London RICS 2007
- RICS Code of Practice RICS Guidance Note .
Terminology used in the code -- Introduction -- The code -- Technical support -- Appendices
Written in light of UK government concerns about disputes over service charges and their alleged lack of transparency. In addition to setting out best practice for commercial service charges, the objectives of this new code are to: remove service charges as an area of conflict; deliver a budgetable and forecastable part of occupiers' overheads; ensure service charges that are "not for profit, not for loss" and that are cash neutral to the owner's income stream; encourage transparency and communication in the relationship between landlords and tenants. This Code will come into effect in Scotland on 11 September 2007 and will apply to service charges commencing on 1 April 2008 or any date thereafter.
9781842193440
Scotland--1999-
346.4104342 $2 18
Terminology used in the code -- Introduction -- The code -- Technical support -- Appendices
Written in light of UK government concerns about disputes over service charges and their alleged lack of transparency. In addition to setting out best practice for commercial service charges, the objectives of this new code are to: remove service charges as an area of conflict; deliver a budgetable and forecastable part of occupiers' overheads; ensure service charges that are "not for profit, not for loss" and that are cash neutral to the owner's income stream; encourage transparency and communication in the relationship between landlords and tenants. This Code will come into effect in Scotland on 11 September 2007 and will apply to service charges commencing on 1 April 2008 or any date thereafter.
9781842193440
Scotland--1999-
346.4104342 $2 18