Residential Leasehold Management - A Guide for Surveyors & Property Professionals
Flats let on long leases present a range of risks and responsibilities for those surveyors and managing agents who manage buildings containing such flats or who advise the persons with those management responsibilities.
Moreover, the sale and purchase of flats has become a key growth area, particularly among first time buyers.
Spread over 2 dates, this live broadcast session is aimed at surveyors and property professionals responsible for residential leasehold management.
What You Will Learn
This live session will cover the following:
- How courts and tribunals interpret the provisions of a lease
- Variation of defective leases: one at a time or tribunal application?
- Can the RICS Professional Statement ever override the provisions of the lease?
- Service charge provisions: recoverable expenses, method of apportionment, management fees, ambiguous clauses, reserve funds
- Lessee contributions to repairs and improvements
- Non-compliance with the consultation requirements and seeking dispensation from those requirements
- Key service charge issues associated with mixed-use premises
- Definitions, such as the demise, structure, exterior or common parts
- Insurance covenants in the lease. Has the insurance premium been reasonably incurred?
- Tenants’ request for service charge summary and inspection of supporting documentation
- The absence or presence of a mutual enforcement covenant
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.
2:00pm - 4:10pm
2:00pm - 4:10pm