RICS has released guidance in the form of our Beyond COVID-19 guides, available on isurv here:
- Beyond COVID-19: Data protection and reopening the property market
- Beyond COVID-19: Inspections and visits for non-domestic properties
Blockchain has been updated with recent figures relating to cryptocurrencies.
Commercial empty property rates
Commercial property insurance
The page on VAT in the Dilapidations section has been updated to reflect proposed new guidance issued by HMRC that compensation or ‘early termination payments’ should be treated as further consideration for VAT.
The Leases section was updated with reference to the recent case Sara & Hossein Asset Holdings Ltd v Blacks Outdoor Retail Ltd  EWCA Civ 1521 (see Service charge). The page on COVID-19 legislation was also updated.
Property fraud in the commercial property sector (new section)
This new section on Property fraud in the commercial property sector looks at a range of different types of property fraud. For each, it breaks down what it looks like, the risks involved, how surveyors can protect themselves and and their business against it, and what to do if property fraud is suspected to have occurred. There is also useful practical advice on the different legal recourses available and their pros and cons.
Service charges case law
See iConsult to review the latest RICS standards and guidance drafts.