Quiz - how well do you understand your lease?
Understand the key things you should know about your lease. If you are a purchaser, this can help make sure your solicitor has covered all of these points and explained them clearly to you.
Usually, the buyer’s solicitor will send questions for the landlord to answer. Although the landlord is under no legal obligation to answer such questions most will be willing to do so. They may charge a reasonable administration fee for answering the questions.
Any administration charge demanded by the landlord must be accompanied by a summary of leaseholder’s rights and obligations in respect of administration charges, otherwise the charge is not payable.
More information you might find useful:
- Service Charges and other issues: Administration charges
- What can I do if I disagree with an administration charge?
Still not found the answer?
Contact LEASE to have your enquiry dealt with by one of our experienced advisers