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Take the measure of the space

By: Contributor(s): Language: English Series: Estates Gazette ; (0818) 10 May 2008, 118-120(3)Publication details: 2008Subject(s): Summary: Looks at issues surrounding internal floor area measurements for the purposes of rent reviews. Argues that it is prudent to measure these areas even in the event that a lease includes an agreed figure. Gives real world examples of cases where the measurement in the lease differs from one found when measured in accordance with RICS measurement codes. Due to freedom of contract, values can be linked to other properties which are comparable, but which are not totally similar. Considers how these issues affect the drafting of leases.
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Journal article London Journal article L143477 (Browse shelf(Opens below)) 1 Available 143477-1001

Looks at issues surrounding internal floor area measurements for the purposes of rent reviews. Argues that it is prudent to measure these areas even in the event that a lease includes an agreed figure. Gives real world examples of cases where the measurement in the lease differs from one found when measured in accordance with RICS measurement codes. Due to freedom of contract, values can be linked to other properties which are comparable, but which are not totally similar. Considers how these issues affect the drafting of leases.