000			02818cad a22003735a 4500
001			K121203
008			070328s2020 xxk f 000 0 eng d
020			_a9781783213795
035			_a(Sirsi) u137317
041	0		_aeng
110			_aRICS Commercial Property Professional Group
245	0	4	_aThe code for leasing business premises in England and Wales 2020 _bRICS Professional Standard
250			_a1st ed .
260			_aLondon, _bRICS, _c2020
300			_a42p.
490			_aRICS Professional Statement
490			_aRICS Professional Standard
520			_aThe objective of the Professional Statement mandatory for all RICS UK members is to improve the quality and fairness of negotiations on lease terms and to promote the issue of comprehensive heads of terms that should make the legal drafting process more efficient. The statement and code do not prescribe the outcome, but seek to make it fair and balanced by identifying the terms that are usually important and encouraging both parties to obtain advice from property professionals. This enables negotiations to proceed properly so that each party can make an informed decision about whether to proceed on the terms that they negotiate. Includes template heads of terms and checklist .Applies to lettings of premises in England and Wales to tenants who will carry on trade, professional or other business activities in them, but it does not apply to agricultural lettings, premises that will only be used for housing plant and equipment (such as electricity transformers or telecoms) or advertising media (such as hoardings), premises that are intended to be wholly sublet by the tenant, or to premises being let for a period of not more than six months. Supersedes Code of leasing business premises in England and Wales 2007 L137317
520			_aThis guidance note was amended January 2022 to update references to the RICS Rules of Conduct.
520			_aThis document was originally published in February 2020 as an RICS professional statement and reissued in September 2023 as an RICS professional standard
590			_aKA
650	2	4	_aCode for leasing business premises in England and Wales
650	2	4	_aLease terms
651		4	_aEngland and Wales
690			_aLandlord and tenant _96252
710	2		_aBritish Council for Offices
710	2		_aBritish Property Federation
710	2		_aFederation of Small Businesses
710	2		_aLaw Society of England and Wales
710	2		_aRoyal Institution of Chartered Surveyors
710			_aRevo
856	4	1	_uhttps://www.rics.org/profession-standards/rics-standards-and-guidance/sector-standards/real-estate-standards/code-for-leasing-business-premises-1st-edition _zview the updated 2023 item at RICS.org
942			_n0
999			_c121203 _d121203