On-Demand Content

Session 1: The Legal Landscape of Service Charges

• A short introduction to service charge development
• The meaning of service charges
• Concept of reasonableness
• Legal rules impacting service charges
• Drafting repair and service charge clauses
• Common shortcomings in leases
• Liability of assignors and assignees when leases change hands

Session 2: Practicalities of Running Service Charge Accounts - Part 1

• Introduction to the case study
• RICS Service Charge Professional Statement (2018), 1st edition
• Inherent conflicts in service charge management
• Service Charge Regimes
• Accounting Practicalities: Budgets, Client Accounts, Final Certificates
• Audits and ICAEW Requirements

Session 3: Commonhold and Leasehold Reform Act 2002 ("Section 20") and the Attendant Regulations

• A review of the residential legislative framework
• Understanding the Section 20 Requirements
• Failures in statutory procedures: the consequences
• Leaseholder Associations
• Potential and trawled leasehold reform changes

Session 4: Practicalities of Running Service Charge Accounts - Part 2

• Best value concepts and tendering
• Benchmarking and tenant satisfaction
• Apportioning costs and costs recovery
• Agents fees and other professional costs
• Handling sinking funds
• Green lease challenges
• Case study feedback