Property Management Other Qs Flashcards
How do you manage empty buildings?
How do you mitigate void costs in relation to empty buildings?
-cap off elec
-turn radiators down
-apply for rates exemption
-after rates has run out, could use charity, or art work studio.
-remarketing strategy, potentially refurb.
what are the three schedules of dilaps and when are these served?
how would you use a section 146 notice?
served on the tenant if failing to repair. -specify breech,
-give reasonable time frame to rectify.
- what is proposed if this is not rectified.
what options are available to a landlord if the tenant is not meeting the repairing covenant?
-serve 146 notice on LPA 1925
-serve 146 in conjunction with forfeiture, clause tenant must be given reasonable timeframe to remedy.
-serve jervis v harris.
-interim schedule of dilaps.
what is a jervis v harris clause?
allows landlord to re enter property do works and recover as a debt.
what is the interim schedule of dilaps?
more than 3 years left to run on the lease, points out defects and how to remedy. done by BS
what is a section 146 notice?
can be served in conjunction with forfeiture clause if LL wants property back. Must state reasonable time frame in which the T can rectify.
can you give me examples of service charge services?
Hard: electric, utilities, gas, escalators, lift repairs.
Soft: gardening, cleaning, redecorating, window cleaning, pest control.
can you give me examples of service charge services?
Hard: electric, utilities, gas, escalators, lift repairs.
Soft: gardening, cleaning, redecorating, window cleaning, pest control.