Eres : Digital Library : Works

Paper eres2010_001:
COMPLIANCE OF RICS CODE OF PRACTICE FOR COMMERCIAL SERVICE CHARGES

id eres2010_001
authors Mohd Noor, Mohd Nazali; Pitt, Michael
year 2010
title COMPLIANCE OF RICS CODE OF PRACTICE FOR COMMERCIAL SERVICE CHARGES
source 17th Annual European Real Estate Society Conference in Milan, Italy
summary RICS code of practice ‘Service Charges in Commercial Property’ was introduced in 2007 with intention to promote best practice guidelines in the provision and management of commercial service charges. The paper seeks to view the compliance of the code after two years from its inception. Documental analysis through various reports, journals and other relevant secondary information are gathered and analyse in completing this paper. Critical review on the materials gathered is carried out in understanding the key recommendations as set within the RICS code against the current practice. Huge gaps were identified between the RICS as against existing practice involving several key headings such as transparency, value for money, communication and responsiveness. Recommendations are made to minimise the gap by harnessing concerted efforts among the stakeholders in commercial property industry.
keywords commercial lease, landlord and tenants, RICS, service charges, sinking funds
series ERES:conference
email M.N.Mohd-Noor@2008.ljmu.ac.uk
more http://www.eres2010.org/index.asp?page=papers_download
content file.pptx (630,548 bytes)
discussion No discussions. Post discussion ...
ratings
session Corporate Real Estate (1)
last changed 2010/08/04 20:47
HOMELOGIN (you are user _anon_792169 from group guest) Powered by SciX Open Publishing Services 1.002