Commercial service charges – the impact of the 2025 RICS statement

The complete recoverability of commercial service charges is essential for the landlord, but can prove costly and time consuming.  Landlords who want to “recover as much money as they can” regardless of whether the item falls “properly .. within the service charge” and tenants who resolve “to take every point going, good or bad” can only lead to expensive litigation.

How can this be prevented? This practical webinar reviews what the courts have had to say on navigating service costs and on avoiding such disputes:

• “due proportion” – what does it mean, who decides the proportion and can it be appealed? What happens when fixed proportions are wrong?
• “final certificate” – is it binding as to costs, as to items? And what happens when the parties do not agree what the service charge clauses covers;
• “reasonable and proper costs” – does this mean anything, is it implied and what happens when costs are not “proper”?
• The 2025 RICS Statement Service Charge in Commercial Property (2^nd ed) – can it help interpret clauses or prevent disputes? The 8 mandatory requirements and what they mean for landlords, tenants and service charge managers alike.