The management arrangements for a new development should require the developer to be responsible for the payment of service charges in respect of unsold flats and those not sold on long leases (excluding accommodation provided for site staff).

Covering Topics

  • Overview
  • The Legal Position Of Leaseholders In Partly Sold Developments
  • Contractual Arrangements For Payment Of Voids
  • Tripartite Leases And Voids
  • Two Party Leases And Voids
  • Completion Monies For Service Charges
  • Can Managing Agents Assist Developers To Minimise Voids?
  • Adjustment Of Apportionments Of Service Charges
  • Budgeting For New Developments
  • Flats Retrained By The Landlord

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