Floor areas in leases: do they add up?
Baker, J.
Floor areas in leases: do they add up? - 1998 - Solicitors` Journal 142(32) 14 August 1998, 764(1) .
Considers whether it is a good idea to specify floor areas in rent review clauses. Although the `Code of measuring practice` should ensure that floor areas should be a matter of fact and not negotiation, changes in building construction and methods of valuation can lead to different interpretations of `net` and `gross` internal floor areas.
RICS CODE OF MEASURING PRACTICE
FLOOR AREA
GROSS INTERNAL AREA
LEASES
NEGOTIATION
NET INTERNAL AREA
RENT REVIEW CLAUSES
Floor areas in leases: do they add up? - 1998 - Solicitors` Journal 142(32) 14 August 1998, 764(1) .
Considers whether it is a good idea to specify floor areas in rent review clauses. Although the `Code of measuring practice` should ensure that floor areas should be a matter of fact and not negotiation, changes in building construction and methods of valuation can lead to different interpretations of `net` and `gross` internal floor areas.
RICS CODE OF MEASURING PRACTICE
FLOOR AREA
GROSS INTERNAL AREA
LEASES
NEGOTIATION
NET INTERNAL AREA
RENT REVIEW CLAUSES