Every surveyor, property manager and lawyer who deals with commercial property needs to have a thorough knowledge of Part II of the Landlord and Tenant Act 1954, which governs the rights of business tenants to obtain renewals of their leases. A maze of complex and carefully interlocking provisions, the Act was radically amended by a Regulatory Reform Order as from 1 June 2004. These changes include: *widening the scope of protection *removing traps for tenants such as the counter-notice *changing the rules about court applications *amending the basis of assessing interim rent *imposing tougher requirements for giving information *creating new procedures for contracting out of the Act *a raft of new prescribed forms This new book gives a clear explanation of the workings of the amended Act, keeping the framework in view while delving into the detail whenever needed. The old law is included for those situations where it may still be relevant. Written by a property lawyer assisted by a chartered surveyor and a property litigator, this publication, in addition to setting out the law, gives detailed guidance on practice for surveyors, managers, valuers, expert witnesses and property lawyers.

Every surveyor, property manager and lawyer who deals with commercial property needs to have a thorough knowledge of Part II of the Landlord and Tenant Act 1954, which governs the rights of business tenants to obtain renewals of their leases. A maze of complex and carefully interlocking provisions, the Act was radically amended by a Regulatory Reform Order as from 1 June 2004. These changes include: *widening the scope of protection *removing traps for tenants such as the counter-notice *changing the rules about court applications *amending the basis of assessing interim rent *imposing tougher requirements for giving information *creating new procedures for contracting out of the Act *a raft of new prescribed forms This new book gives a clear explanation of the workings of the amended Act, keeping the framework in view while delving into the detail whenever needed. The old law is included for those situations where it may still be relevant. Written by a property lawyer assisted by a chartered surveyor and a property litigator, this publication, in addition to setting out the law, gives detailed guidance on practice for surveyors, managers, valuers, expert witnesses and property lawyers.

The twelfth edition of this essential valuation textbook reflects the changes in the regulatory and statutory framework for property valuations that have occurred since 2013, as well as presenting the tried and tested principles and practices of real estate valuation.

The twelfth edition is up to date as of June 2018 with the latest regulations, statutes and case law, including the RICS Valuation – Global Standards 2017. Its comprehensive coverage of the legal, economic and technical aspects of valuation make this book a core text for most university and college real estate programmes, and it provides students and practitioners with current and relevant guidance on the preparation of valuations for statutory purposes.

Throughout the text, the author team of experienced valuers presents examples of the application of these principles to the everyday problems met in practice. This new edition continues to be of excellent value to both students and practitioners alike as it provides the reader with a clear understanding of the methods and techniques of valuation.

Table of Contents

Preface to the twelfth edition

Acknowledgements

Table of cases

Table of statutes

Table of statutary instruments

1. Principles of valuation

2. Valuation approaches and methods

3. Property law

4. Planning law

5. The market approach

6. Market rent

7. Outgoings

8. Property yields

9. Investment mathematics as it applies to property valuation

10. Income approach or investment method

11. Discounted cash flow

12. The cost approach and residual method

13. Developments in valuation approaches

14. Development properties

15. Residential properties

16. Commercial properties (1): types of property

17. Commercial properties (2): Landlord and Tenant Acts and rent reviews

18. UK valuation applications

19. Valuations for rating

20. Taxation

21. Principles of the law of compulsory purchase and compensation

22. Compulsory purchase compensation (1): compensation for land taken

23. Compulsory purchase compensation (2): compensation for severance and injurious affection

24. Compulsory purchase compensation (3): compensation disturbance

25. Blight notices

26. Purchase notices

27. Compensation under the Town and Country Planning Acts: revocation, modification and discontinuance orders, etc.

Index

The twelfth edition of this essential valuation textbook reflects the changes in the regulatory and statutory framework for property valuations that have occurred since 2013, as well as presenting the tried and tested principles and practices of real estate valuation. The twelfth edition is up to date as of June 2018 with the latest regulations, statutes and case law, including the RICS Valuation - Global Standards 2017. Its comprehensive coverage of the legal, economic and technical aspects of valuation make this book a core text for most university and college real estate programmes, and it provides students and practitioners with current and relevant guidance on the preparation of valuations for statutory purposes. Throughout the text, the author team of experienced valuers presents examples of the application of these principles to the everyday problems met in practice. This new edition continues to be of excellent value to both students and practitioners alike as it provides the reader with a clear understanding of the methods and techniques of valuation.

Service Charges: Law and Practice is a best-selling guide to the legal framework in which service charges operate. It is designed to be used by all those who deal with service charges, either as landlord, tenant, agent or professional adviser. This new edition has been substantially revised. The concise and easily understood commentary is supported by specimen service charge clauses, model accounts, notices and certificates making this book an invaluable and immensely practical guide to this difficult subject.

"Balance is a grim and melancholy zombie story. Peter Giglio brings his A-game to this disturbing tale." - Jonathan Maberry, New York Times Bestselling author of Dead of Night and Dust & Decay "A harrowing new perspective on the apocalypse. Giglio goes for the heart as well as the jugular." - David Dunwoody, author of Empire's End and Unbound & Other Tales THE BLAST... A worldwide snowstorm that brings with it a terminal virus. THE DEAD RISE... But something deep within hasn't died. The thing they loved most when alive still burns bright, at odds with a predacious hunger they can't control or understand. GEOFF & AMANDA... Have survived The Blast. The bad news: 650 miles of treacherous, zombie infested road separates them. And time is running out for Amanda. PAPERBACK EDITION INCLUDES AN INTRODUCTION BY ERIC SHAPIRO AND A BONUS STORY.