The Second Edition of the RICS Service Charges Standard marks a shift toward clearer governance, ESG alignment and more transparent practices across the sector. Writing in Property Reporter, Alan Bryant and Tom Dadswell explore the evolution in how commercial property service charges should be administered.
The Royal Institution of Chartered Surveyors (RICS) has released the Second Edition of its Service Charges in Commercial Property Professional Standard, effective from 31 December 2025. Replacing the 2018 edition, the update marks a significant change in how commercial property service charges should be administered.
In this article, Alan and Tom explore what has changed, what has developed and what guidance remains unchanged. You can read their full article HERE.
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