TOP-LEGAL | Service Charge Apportionment Schedule for Commercial Property Template

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A Service Charge Apportionment Schedule for Commercial Property is a document that outlines how shared service costs—such as maintenance, utilities, and cleaning—are divided among tenants in a multi-let building. This schedule ensures that each tenant contributes a fair and reasonable proportion of the total service charge, reflecting their use and benefit from the services provided.

Do you have any Question?

It provides transparency by detailing each tenant's share of service costs, ensuring contributions are fair and in accordance with the lease terms.

Yes. According to the Royal Institution of Chartered Surveyors (RICS) Professional Statement, landlords must provide tenants with a service charge apportionment matrix annually, detailing the basis and method of apportionment.

Area Of Law :

Property Law

Sector :

Corporate & Business Law

Category :

Private Law

Region :

Europe