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Be flexible to avoid stiff legislation

By: Series: Estates Gazette ; (0237) 14 September 2002, 148-149(2)Publication details: 2002Subject(s): Summary: The first in a four part series on the new voluntary code of practice for commercial leases explains why landlords must adapt their practices or risk intrusive legislation. The code comprises 23 recommendations for best practice for landlords and tenants when negotiating business tenancies and aims to create more flexibility with regards to leases lengths and rent reviews. Illustrates how the property market has changed over the past 10 years as lease lengths have shortened and argues that property profession must accept a government-endorsed code that promotes change. Code available at www.commercialleasecodeew.co.uk
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Journal article London Journal article ABS66071 (Browse shelf(Opens below)) 1 Available 120360-1001

The first in a four part series on the new voluntary code of practice for commercial leases explains why landlords must adapt their practices or risk intrusive legislation. The code comprises 23 recommendations for best practice for landlords and tenants when negotiating business tenancies and aims to create more flexibility with regards to leases lengths and rent reviews. Illustrates how the property market has changed over the past 10 years as lease lengths have shortened and argues that property profession must accept a government-endorsed code that promotes change. Code available at www.commercialleasecodeew.co.uk