THE CORNELL SOLICITORS’ BLOG
Stay up to date with the latest news from Cornell Solicitors Limited as we look at some relevant case law and provide opinion on the latest goings on in the property management world.
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Service Charge – What is the difference between a Reserve Fund and a Sinking Fund?
Service charges are typically budgeted for and collected on an annual basis. Many leases, however, also allow landlords to plan for future expenditure by collecting…
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Building Safety Act 2022 Are Landlord Certificates Required for Leaseholder-Owned Buildings?
One issue that continues to arise on the sale of leasehold flats is whether a Landlord Certificate under the Building Safety Act 2022 must be…
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Service Charge – Cash Calls and Levies for Emergency Expenditure
Block management emergencies occur every day across the country. These situations can require substantial expenditure from service charge funds, often outside the scope of the…
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Service Charge and Services
Service Charges – Why the Lease Matters A lease is a contract. As with any contract, it creates rights and obligations between the parties. In…
