Assumptions of fitting out

Miller, W.

Assumptions of fitting out - 1992 - Rent Review & Lease Renewal 12(3) Spring 1992, 248-258(6) .

Considers the use of the assumption for fitting out in a standard rent review provision looking at why it is there and what practical and legal considerations have caused its inclusion. Includes definitions of `assumptions`, `disregarded matters`, `open market value`, `rent restrictions` and `review date`. It also examines the functions of a surveyor in arbitrating on this point.


MANAGEMENT-DISPUTE AVOIDANCE, MANAGEMENT AND RESOLUTION-DISPUTE MANAGEMENT AND RESOLUTION-ARBITRATION
DISREGARDS
FITTING OUT
OPEN MARKET VALUE
RENT RESTRICTIONS
RENT REVIEWS
REVIEW DATE