Service charge cap linked to RPI | Practical Law

Service charge cap linked to RPI | Practical Law

A clause capping the amount a tenant has to pay as service charge under a lease, with the level of the cap changing annually, based on the Retail Prices Index (RPI) (although a different index can be specified). The clause contains integrated drafting notes which give guidance on particular provisions.

Service charge cap linked to RPI

Practical Law UK Standard Clause 5-500-5542 (Approx. 17 pages)

Service charge cap linked to RPI

Maintained, England, Wales
A clause capping the amount a tenant has to pay as service charge under a lease, with the level of the cap changing annually, based on the Retail Prices Index (RPI) (although a different index can be specified). The clause contains integrated drafting notes which give guidance on particular provisions.