Commercial property leases: a critical review of the Department of the Environment proposals (Record no. 104971)

MARC details
000 -LEADER
fixed length control field 02607cam a2200205 4500
001 - CONTROL NUMBER
control field ##L132026
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 051221n1996 000 0 eng u
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 0854067612
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u132026
041 0# - LANGUAGE CODE
Language code of text/sound track or separate title eng
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Crosby, Neil
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Baum, Andrew
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Murdoch, Sandi
245 00 - TITLE STATEMENT
Title Commercial property leases: a critical review of the Department of the Environment proposals
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. London
Name of publisher, distributor, etc. RICS
Date of publication, distribution, etc. 1996
520 ## - SUMMARY, ETC.
Summary, etc. In 1993, the Department of the Environment (DoE) prepared a consultation paper on commercial property leases which asked a number of questions concerning the operation of the landlord and tenant relationship. These questions related to the operation of upwards only rent review clauses, confidentiality agreements and dispute resolution procedures. The Investment Property Forum and the Association of British Insurers collaborated in commissioning research into the questions posed by the DoE. The Corporate Intelligence Group carried out a postal survey of the Forum's membership and the authors of this report were asked to devise a research programme to attempt to give some objective answers to many of the questions posed. The most controversial proposal of the DoE was the possible outlawing of upwards only rent reviews and the DoE sought advice on the effect on value and valuations of this proposal. They asked for similar information regarding the other two discussion areas. The research team produced a report in October 1993 and this paper is substantially that report. It has been slightly amended in the light of referees comments and the passage of time. Not least, the material in Chapter Three was drafted just before the Goode Report investigating Pension Funds was published and subsequently the Pensions Act of 1995 has been enacted. Although much of the original material has been confirmed by subsequent events, this chapter now makes reference to these developments. Although the report is written in direct response to the DoE paper (and should be read as such), it includes material of much wider relevance on the effect of lease clauses on value. It includes a lease structure breakdown of the Investment Property Databank which could be used to test a number of hypotheses. The responses to the CIG survey give valuable insights into the reactions of owners to the questions raised by the DoE and to wider questions concerning lease structures in the property market recession.
520 ## - SUMMARY, ETC.
Summary, etc. This item is no longer available.
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element PROPERTY-COMMERCIAL PROPERTY-LEASED COMMERCIAL PROPERTY
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
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    Dewey Decimal Classification     Virtual Virtual Missing 21/12/2005   ONLINE PUBLICATION 132026-1001 06/08/2019 1 06/08/2019 Book