Get your sums right
Gordon Brown, Deborah
Get your sums right - 2006 - Estates Gazette (0616) 22 April 2006, 142- 143(2) .
Looks at the three standard methods for apportioning rent on lease transactions and the different figures arrived at, which can result in considerable amounts on large rents or on disposals subject to many leases. Demonstrates how using either the Law Society's recommended method or the surveyor's or the quarterly method can affect the calculations. Suggests which method to use on the sale of a let property (rent payable in advance). Table covers quarter days and quarter day periods.
Get your sums right - 2006 - Estates Gazette (0616) 22 April 2006, 142- 143(2) .
Looks at the three standard methods for apportioning rent on lease transactions and the different figures arrived at, which can result in considerable amounts on large rents or on disposals subject to many leases. Demonstrates how using either the Law Society's recommended method or the surveyor's or the quarterly method can affect the calculations. Suggests which method to use on the sale of a let property (rent payable in advance). Table covers quarter days and quarter day periods.