Subjects:

Commercial Property

Contents:

The function of rent review provisions. The place of rent review in the structure of leases. The structure of a rent review clause. Interpreting rent review provisions. Methods of resolving a dispute as to the meaning of the lease. The remuneration of the arbitration. The basis of valuation. Determining the new rent. The procedure for determination by an expert. The procedure for determination by arbitration. Evidence in a rent review. The award or determination. Costs and fees. Control by the Court of Arbitrations. Control by the Court of the determination of an expert. Consequence of the review.

This book aims to set out simply and clearly the essentials of rent review - a subject in which law, valuation and practice are closely intertwined. Apart from its primary readership, it has also been written for business people involved in leasing premises, whether as tenants or as investors, residing in the UK or overseas.

• Provides a practical overview of the area as an introduction to the subject
• Numerous cross-references to the well-established Handbook of Rent Review
• Case studies with worked examples, giving a clear overview of the subject
• Contains RICS Guidance Notes.