Surveyors and lawyers involved in lease renewals under PACT RICS guidance note [electronic resource] [old edition]
Language: English Series: RICS Guidance NotePublication details: London RICS 2009ISBN:- 9781842194157
- 347.41067 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Archives RICS Boxes | RICS 2009/64 (Browse shelf(Opens below)) | 1 | Available | 30079676 | |
| Book | Virtual Online | iSurv (Browse shelf(Opens below)) | 1 | Available | 148989-2001 |
General introduction -- Issues that can be determined using PACT -- Instigating the in court PACT procedure -- Instigating the out of court PACT procedure -- Arbitrator or independent expert? -- The appointed person or persons -- The proceedings -- The award or determination -- Costs -- Producing the lease document -- Appendices
The Landlord and Tenant Act 1954 (the Landlord and Tenant Act) provides for the terms of a renewal lease to be determined by the courts. Professional Arbitration on Court Terms (PACT) is a procedure whereby the determination of all or some of the terms for a renewal lease are (with the consent of both parties) "delegated" to an independent third party, who may act either as an arbitrator or as an independent expert. This guidance note provides a step-by-step guide as to how PACT works.
Superseded by 2nd edition, 2018, ISBN 9781783212200