The Royal Institute of Chartered Surveyors (RICS) has published a new Code for leasing business premises. The new Code will replace the Lease Code 2007 from 1 September 2020. 

This RICS professional statement is the result of pan-industry discussion between representatives of landlords, tenants and other trade bodies. It's objective is "to improve the quality and fairness of negotiations on lease terms and to promote the issue of comprehensive heads of terms that should make the legal drafting process more efficient."

The new Code can be found here

At Markel Law we regularly comment on SME related matters.

Follow this link to find out more about Markel Law and how we can assist your business.