000 01229cam a2200241 4500
001 WB@3612-568
008 040706n2004 000 0 eng u
035 _a(Sirsi) u126720
245 _aUpward-only clauses common
260 _c2004
490 _aProperty Week
_v69(27) 2 July 2004, 7(1)
520 _aUpward-only rent reviews are still common, despite the "Code of practice for commercial leases England and Wales" (ISBN 1842190989), research by RICS has shown. Only 7% of respondents to RICS's annual survey said upward-only rent reviews were becoming less prevalent. The survey shows that nearly a third of tenants asked for more flexible lease terms because of the Code, up from 20% last year. While around 42% of landlords were offering more flexible terms, up from 32%. Government will decide at the end of 2004 whether to legislate against upward-only rent review clauses.
590 _aWB
590 _aWB
600 _aLEASE LENGTH
650 _aUPWARD ONLY RENT REVIEWS
650 _aRICS RESEARCH
650 _aFLEXIBLE LEASES
650 _aCOMMERCIAL LEASES
650 _aCODE FOR LEASING BUSINESS PREMISES IN ENGLAND AND WALES
690 _aLANDLORD AND TENANT-BUSINESS TENANCIES
942 _n0
999 _c117657
_d117657