“Back to the Future” – The Retrospective Variation of Leases of Flats under the Landlord and Tenant Act 1987 – Tanfield Chambers

Posted August 6th, 2013 in landlord & tenant, leases, news, service charges, tribunals by sally

“Sometimes the draftsman gets it wrong. Sometimes his only mistake is to fail to predict the future. Either way a landlord can face a serious shortfall if the combined percentages of service charges payable under the leases for the block do not add up to 100%. While at first blush, the landlord’s shortfall is the tenants’ windfall, defective leases can seem a much less attractive prospect if the result is that the landlord is reluctant to provide services.”

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Tanfield Chambers, 27th July 2013

Source: www.tanfieldchambers.co.uk