Extra protection for property owners

A new set of rules to protect businesses from hidden service charges has been launched by RICS.

Known as ‘Service Charges in Commercial Property’, it came into effect on 1st April 2019. Businesses of all sizes will be assured of clear and open pricing when it comes to service charges. Commercial landlords and property managers will face disciplinary action they do not follow the mandatory requirements.

You can read the full press release from RICS here

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