Association of Residential Managing Agents

Members' Area

W2: LEASEHOLD ASSIGNMENT: WHO’S LIABLE FOR THE ARREARS?

ARMA ONLINE TRAINING

As you are aware, we are all in unprecedented times. We know that the COVID-19 Pandemic will have an impact on people and companies on an unparalleled scale and exactly how it will unfold is still uncertain.

Recently imposed restrictions to daily life have forced us to quickly adopt different ways of working, learning and connecting with each other.

We know that social distancing measures will be in place for the foreseeable future and during this time ARMA has adapted its classroom training courses and will now offer them as live online training.

We are aware during these difficult times that training courses will need to be run to suit our members needs and rather than running a full-day course over one full-day we are running these over consecutive days to allow you to plan your day accordingly around this. Full details of the dates and times are provided on each course by selecting READ MORE/BOOK.

We are able to offer block bookings to members at a further discounted rate and also provide online in-house training courses for your staff. Please also contact us directly for further information on this: training@arma.org.uk

 

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Online - 1 hour 10:00-11:00

Date: 17/06/21 - 17/06/21

Duration: 1 hour 10:00-11:00

Start Time: 10:00

End Time: 11:00

Price for Members of ARMA: £35.00+VAT

Price for Non-member: £60.00+VAT

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Description

Leasehold properties change hands on a regular basis. If there are service charges which haven’t been settled, what happens to those arrears on any sale, transfer or disposition? Who should be pursued: the outgoing leaseholder or the incoming one? And what procedure can (and should) be followed? In this webinar, we’ll explore the practicalities of dealing with arrears of service charges when leasehold properties are assigned.


Content

This webinar will cover the following issues:
•    Assignment, disposition, transfer: is it all alien(ation)?
•    What have you demanded? And what’s outstanding?
•    Disclosure of arrears on LPE1/presales enquiry packs
•    A (brief) guide to the Landlord and Audience Tenant (Covenants) Act 1995: who’s arrears are they anyway?
•    Who do you pursue for the arrears?
•    Who do you take enforcement action against?
•    Beware waiver of forfeiture.


Audience

This webinar is ideal for anyone involved in the recovery of services charges, or in matters relating to leasehold assignment.