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A code that lacks strength

By: Language: English Series: Solicitors' Journal ; 151(32) 17 August 2007, 1080-1081(2)Publication details: 2007Subject(s): Summary: Discusses the limitations of the landlord code in "The code for leasing business premises in England and Wales 2007" (L137317). Notes that landlords who are members of the Commercial Landlords Accreditation Scheme will be able to opt out of specific requirements of the landlord code. Outlines some of the requirements that landlords may seek to avoid and concludes that a particular concern will be the impact on an investment sale to a purchaser who does not subscribe in full to the landlord code.

Discusses the limitations of the landlord code in "The code for leasing business premises in England and Wales 2007" (L137317). Notes that landlords who are members of the Commercial Landlords Accreditation Scheme will be able to opt out of specific requirements of the landlord code. Outlines some of the requirements that landlords may seek to avoid and concludes that a particular concern will be the impact on an investment sale to a purchaser who does not subscribe in full to the landlord code.