New code of practice: charges in commercial property

A revised service charge code for the industry was launched in June by the Royal Institution of Chartered Surveyors. It contains much more detail than the previous 2000 version and (unlike previous versions of the code) has been given the status of a guidance note by the RICS in order to recognise how important service charges are in today’s property market and therefore is regarded as "best practice".

The revised code has been given a lead in period so that it will come int... (901 more words)

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