Climate change - Code for Leasing Business Premises

The Working Group responsible for the Code for Leasing Business Premises in England and Wales has produced two documents relating to climate change:

1. Briefing Note - Environmental Good Practice - see http://www.leasingbusinesspremises.co.uk/downloads/RICS-Addendum_2.pdf

This briefing note includes, as an addendum to the Code for Leasing Business Premises in England and Wales 2007, a guide for landlords and tenants in drafting a "Memorandum of Understanding" to support environmental good practice. The briefing note says that it is in the public interest that landlords and tenants should each adopt environmental good practice policies so far as they can do so without adversely affecting the value of their buildings or the viability of their businesses

The briefing note suggests that landlords will often be able to apply environmental good practice policies under the existing balanced lease clauses that the Code promotes, without needing special provisions.

2. Briefing Note – Environmental Management of Building Agreement - see http://www.leasingbusinesspremises.co.uk/downloads/RICS-Environmental_2....

This note is not part of the Code. It sets out the type of issues an environmental management agreement is likely to cover. An "Environmental Management of Building Agreement" sets out the basis on which an owner of a building occupied by more than one occupier will be run. It is intended to be operated more like a Code of Practice than a set of rules or covenants.