Property professionals back Commercial Lease Code

Insurance Age staff
28 Aug 2007

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Lockton claimed that property professionals overwhelmingly support the most recent edition of the code, favouring its succinctness and clarity of expression. The code provides clear direction for landlords with a 10-point guide outlining the requirements for a code-compliant lease. Landlords must give reasons for any departures from the code – imbuing the process with a transparency attractive to both the lessor and lessee.

Richard Owen of Lockton’s real estate and construction division said

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