About This Course
Understanding outgoings is essential for every Commercial Property Manager involved in lease administration and rent reviews. These recoverable costs—ranging from maintenance, insurance, and cleaning to statutory charges and utilities—can significantly affect rental yields, tenant satisfaction, and operational efficiency. The method by which these costs are recovered (gross, net, or modified) must be transparent and legally compliant to avoid disputes and preserve landlord-tenant relationships.
You’ll learn how different lease structures influence outgoing recoveries, the tools available to support budgeting and documentation, and how to communicate changes effectively with tenants. You’ll also explore how factors such as CPI, labour costs, and equipment warranties affect outgoing calculations and how to align these with legislative guidelines and landlord priorities.
By the end of this course, you will:
- Define what constitutes outgoings in a commercial lease.
- Identify how lease structures affect outgoing recoveries.
- Recognise common categories and escalation factors for outgoings.
- Evaluate different recovery methods and their advantages.
- Understand how to prepare for rent reviews with outgoing considerations.
- Apply best practices for landlord communication and compliance.
Topics Covered:
- What Are Outgoings?
- Outgoings Categories
- Factors Affecting Outgoings
- Outgoing Recovery Methods
- Landlord Considerations In A Rent Review
Course Duration: Approximately 20 minutes
Access to Course: 7 days from date of purchase
