PropertyLaw.guru Blog

New commercial lease code - consultation!

The proposed new commercial lease code is out for consultation and you can get a copy of it from here

https://consultations.rics.org/consult.ti/leasingbusinesspremises/consultationHome

You might need to create an account download it. The code is now going to be professional mandatory on surveyors to clarify certain aspects of the heads of terms. This hopefully will make it a lot easier for landlord and tenant solicitor as they won't get rubbish heads of terms saying 'lease to be on the usual terms' or nonsense like that. Also the occupier guide has been updated to refer to developments over the last few years
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