What's new?

All sections are reviewed biannually by expert authors. The major section updates are below.

Commercial property insurance

See the subheading Stonegate for new content on High Court cases addressing a number of unresolved issues on one of the wordings considered in the Test Case (namely, RSA4, AKA the Marsh Resilience wording).

Dilapidations

Dilapidations was updated throughout. See in particular the pages: 

• End of term dilapidations claims for new content on mechanical and electrical equipment and
• Case law update for a summary of the 2022 case Coldunell Ltd v Hotel Management International Ltd.

Leases

The page COVID-19 legislation and case law was updated with a summary of the recent Signet Trading Ltd v Fprop Offices (Nominee) 4 Ltd case.

Property fraud in commercial property

Property fraud in commercial property was updated to reflect recent activity in the sector, including the publication of the RICS Commercial Property Market Survey, Q4 2022 and the UK government's response to a recent report on Fraud and the Justice System.

Stamp duty land tax

The page Rates of SDLT on consideration other than rent was updated to reflect recent SDLT changes made in the UK government's mini-Budget.

RICS initiatives

iConsult

See iConsult to review the latest RICS consultation drafts.

This page was last updated February 2023.