RICS has developed a low-cost, quick and easy arbitration procedure to help rural landlords and tenants resolve disputes.
The Agriculture Act 2020 allows tenants to request landlord consent to vary the terms of their tenancy to (i) enable them to access sources of funding and/or (ii) to comply with a statutory duty. The Act also provides a mechanism for resolving disputes that may arise following the making of such a Request.
If a Request leads to disagreement , the Act says that the tenant or landlord can apply for the appointment of a dispute resolver (an arbitrator, mediator or independent expert) to help resolve the dispute.
The RICS Simplified Arbitration Service is a service for rural landlords and tenants who are in dispute following a Request made by the tenant under the terms of the Act.
The RICS Simplified Arbitration Service is:
Either party can apply to RICS to appoint and arbitrator for them.
There is an application fee of £115 for the appointment of an arbitrator. This is payable to RICS by either party.
Both parties must agree to use the RICS Simplified Arbitration Service (SAS).
RICS arbitrators will use a fixed timetable and costs regime, which encourages them to reach a decision within 28 days, at a maximum cost to each party of £2,000.
As long as parties abide by the SAS procedural rules, the arbitrator will only charge for 3 days work at £1,000 per day (plus VAT). If the parties choose to have a hearing/meeting, the arbitrator may charge an additional fee up to £1,000.
These costs will be shared equally by the parties, and each party will pay their own costs regardless of the outcome.
RICS Dispute Resolution Service
55 Colmore Row
Call: +44 (0) 20 7334 3806