Image from Google Jackets

New model for reviews

Series: Property Week ; 66(42) 19 October 2001, 7(1)Publication details: 2001Subject(s): Summary: The Association of British Insurers proposes a new model commercial lease as an alternative to upward-only rent reviews. Under the proposed form of lease rents would be upward only for the first 10 years. After the second rent review, the lease would become upward or downward reflecting market conditions.

The Association of British Insurers proposes a new model commercial lease as an alternative to upward-only rent reviews. Under the proposed form of lease rents would be upward only for the first 10 years. After the second rent review, the lease would become upward or downward reflecting market conditions.