Posted by Sarah Goodridge,
Consultation on revised Lease Code: what does this mean for landlords?
The Royal Institute of Chartered Surveyors (RICS) published a consultation on “Code for leasing business premises” which includes a new proposed lease code. The proposed Code will replace the current Code for Leasing Business Premises in England and Wales 2007 which is voluntary. The proposed code contains both mandatory and best practice requirements and there are possible implications for failing to act in accordance with the proposed Code.