Association of Residential Managing Agents

Members' Area

TC39 READING LEASES

Description

A 6-hour course being be run over 2 consecutive days (3-hours per day) where you will be learning to read leases constructively and understanding the practical application of the principles.

 

Content

This course will aim to cover:

  • Who are the parties, how many parties are there
  • Who is the client for ground rent, for service charges
  • The demise, what is it
  • Windows whose responsibility
  • External decorations, internal decorations
  • Forced entry the clients rights
  • Interest on late payment can it be levied
  • Service charges to be treated as rent the implications
  • Reserve funds allowable or not
  • Period of grace for payment
  • Mutual enforceability
  • Indemnity required for Landlords enforcement in leaseholder disputes
  • Landlords consent to assign or sub-let
  • Case studies on what can go wrong
  • Breakout interactive sessions

 

Audience

WHO SHOULD ATTEND:

This course is for the relatively inexperienced who have some knowledge of the legal framework governing residential long leasehold management but who need to become familiar with the essential information needed to safely and efficiently assist or manage a portfolio.

3 hours per day over 2 days

Date: 04/03/2024 - 05/03/2024

Duration: 3 hours per day over 2 days

Start Time: 1:00pm

End Time: 4:00pm

Price for Members of ARMA: £100

Price for Non-member: £175

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Description

A 6-hour course being be run over 2 consecutive days (3-hours per day) where you will be learning to read leases constructively and understanding the practical application of the principles.

 

Content

This course will aim to cover:

  • Who are the parties, how many parties are there
  • Who is the client for ground rent, for service charges
  • The demise, what is it
  • Windows whose responsibility
  • External decorations, internal decorations
  • Forced entry the clients rights
  • Interest on late payment can it be levied
  • Service charges to be treated as rent the implications
  • Reserve funds allowable or not
  • Period of grace for payment
  • Mutual enforceability
  • Indemnity required for Landlords enforcement in leaseholder disputes
  • Landlords consent to assign or sub-let
  • Case studies on what can go wrong
  • Breakout interactive sessions

 

Audience

WHO SHOULD ATTEND:

This course is for the relatively inexperienced who have some knowledge of the legal framework governing residential long leasehold management but who need to become familiar with the essential information needed to safely and efficiently assist or manage a portfolio.