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Vol 22 No 12 Dec 17/Jan 18

Book of the Month

Cover of McGregor on Damages

McGregor on Damages

Edited by: James Edelman, Simon Colton, Jason Varuhas
Price: £440.00

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Residential and Commercial Service Charges: A Surveyor's Handbook

ISBN13: 9781842193396
Published: February 2008
Publisher: RICS Books
Country of Publication: UK
Format: Paperback
Price: £45.00

Despatched in 6 to 8 days.

For those involved with service charges this book is an essential guide not only to good practice, but also on how to anticipate and be prepared for what might otherwise be costly oversights.

The Landlord and Tenant Act 1985 and 1987, subsequently amended by the Housing Act 1996 and the Commonhold & Leasehold Reform Act 2002, imposes statutory constraints in respect of service charges for residential property. The commercial sector has no such statutory regulation or control.

In recent years the huge expansion in mixed-use properties has been heightened not by organic growth, but by government policymaking. Many statutory rules governing residential service charges that do not normally affect commercial developments will need to be taken into account.

This book covers everything from setting up an accounts system and record keeping, through to service charge disputes and the Leasehold Valuation Tribunal. It is an ideal guide to possible pitfalls and examples of best practice in the service charge field.