Can an RTM company recover service charges from a freeholder?
Brady Solicitors asks what happens to service charge recovery when you’ve acquired the right to manage but the developer or landlord has retained ownership of one or more flats? This is not an uncommon scenario for Right to Manage companies and is something that can have a substantial impact on a block’s cash flow, as highlighted in the recent case of Gibbs v Clevedon Court.
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This content was originally published on irpm.org.uk which is now a
part of The Property Institute.
