RTM companies and service charge demands

There are various restrictions (both contractual and statutory) on the recovery of service charges. One of the statutory restrictions is that a demand for service charges must comply with sections 47 and 48 of the Landlord and Tenant Act 1987.  This means demands for service charges must include the name [...]

By |2021-07-18T16:04:00+01:0018 July 2021|Resources, RTM, service charges|0 Comments

RTM: management after the acquisition date

Acquiring the right to manage is just the start for an RTM company. From the acquisition date onwards, the RTM company will assume responsibility for carrying out the "management functions". Management functions are functions with regards to services repairs maintenance improvements insurance Essentially, from the acquisition date onwards, the [...]

By |2021-07-18T15:07:00+01:004 July 2021|Resources, RTM|0 Comments

RTM: management after acquisition

Acquiring the right to manage is just the start for an RTM company. From the acquisition date onwards, the RTM company will assume responsibility for carrying out the management functions. Management functions Management functions are defined under the Commonhold and Leasehold Reform Act 2002, and are functions with regards to [...]

By |2021-06-27T18:30:04+01:0021 February 2021|Resources, RTM|0 Comments
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