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Books > Business & Economics > Finance & accounting > Finance > Property & real estate
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Institutional Leases in the 21st Century (Hardcover)
Loot Price: R5,935
Discovery Miles 59 350
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Institutional Leases in the 21st Century (Hardcover)
Expected to ship within 12 - 19 working days
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Since the 1980s the "institutional" lease has undergone a dramatic
transformation. Landlord-orientated FRI leases for a term of
twenty-five years with no breaks and upwards-only rent reviews have
retreated before market demands for shorter, more flexible letting
arrangements and, recently, in the face of threatened legislation.
Nevertheless, valuers and lawyers will have to understand and deal
with the 1980s leases until well into the second decade of the
twnety-first century.The book sets out to explain the main changes
that have occurred since the early 1990s (such as the rules
relating to privity of contract). It also provides guidance on the
factors driving further change, including the Code of Practice for
Commercial Leases and the proposed new accounting standards.
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