...that substantial contributions to reserve funds were payable in advance for anticipated major works to a mixed use high end property. Among other things, the First-tier Tribunal (Property Chamber) held:

1. The manager had failed to comply with the certification requirements of the Lease (which the Manager disputed were relevant);
2. The substantial  sums demanded by the Manager were not prudent (as the Lease required) as the statutory consultation process in section 20 of the Landlord and Tenant  Act 1985 had not been complied with;
3. The substantial  sums demanded in advance by the Manager were not prudent within section 19(2) of the  Landlord and Tenant Act 1985;

: Maunder-Taylor v Eperstein SARL  LON/00AW/LSC/2019/0301 (January 2020). For more details please contact Howard Lederman (HowardL@42br.com).

Howard Lederman’s profile can be viewed here

Howard Lederman

Call 1982

02.04.2020