000			01445cam a2200217 4500
001			WB3915-17
008			030416n2003 000 0 eng u
035			_a(Sirsi) u122010
245			_aImpact of commercial leases code surveyed
260			_c2003
490			_aRICS Research _v 8 April 2003 (2)
490			_aProperty Week _v 68(14) 11 April 2003, 8(1)
520			_aChartered surveyors in England and Wales have responded to a follow-up questionnaire on the impact of the new commercial leases code of practice. The majority of surveyors are bringing the code to the attention of prospective tenants and landlords, less than half to existing tenants. The prevalence of upward-only rent reviews has been scarcely affected by the code and only 20% of new tenants and tenants renewing leases have sought greater flexibility. A third of surveyors agreed that landlords were willing to offer more flexible terms following the code. A further survey by the British Property Federation (BPF) of nearly 800 leases signed since the introduction of the code shows occupiers sticking overwhelmingly with upward-only leases. http://www.rics.org/RICSWEB/getpage.aspx?p=pBxGivUS1kiQqlEeLAEkkA
590			_aWB
650			_aCOMMERCIAL LEASES
650			_aCODE FOR LEASING BUSINESS PREMISES IN ENGLAND AND WALES
650			_aUPWARD ONLY RENT REVIEWS
650			_aABOUT RICS-RICS MEMBERS
690			_aLANDLORD AND TENANT-LEASES
942			_n0
999			_c72506 _d72506