Join a community, not a client list.
Boutique London Lawyer
Get in touch today
Call us on 07855 849232 or
email david.gordon@dg-law.co.uk
Property Management Fees Recharged To Tenant
Property Management Fees
Property managers offer a wide variety of services to commercial property landlords. Their services are bespoke and priced accordingly. If a landlord habitually uses a property management company, fees are recharged to the tenant. Equally, if a landlord begins a contractual relationship halfway through a lease, the tenant will be recharged. Depending on the services provided, the landlord will either pay a flat rate or a fee per service.
Property Management Contracts
Landlords should read the property management contract very carefully and run it by a lawyer. A lawyer can review the contract and spot any potential pitfalls for the landlord. Some contracts will include extra service charges that can be avoided. One pitfall could be having to pay the property manager a percentage of the sale of the property. Always run your contract by a property lawyer before signing it.
Unreasonable Fees Recharged To Tenant
Fees included in contracts between the landlord and property management company need to be carefully reviewed. If the tenant is recharged for management company fees, some of those fees might be deemed unreasonable. In which case, the tenant will likely apply for a first tier tribunal (FTT) to have those charges reduced.
Services Included In Contract
Some of the services a management company charges include:
- insurance issues
- lease renewal
- any issues or disputes with the landlord
- any works or repairs
- lease amendments
- rent arrears
Look out for clauses in respect of the purchase of the property’s freehold. Equally, if the landlord decides to sell the property, the management company might be entitled to a percentage. Another area of the contract that needs bearing in mind is property repairs. According to the lease agreement, is the landlord responsible for repairs? If so, the tenant should not be recharged for the management company’s repair fees.
Are you a landlord looking to engage the services of a property management company? Please get in touch with one of our property lawyers. Before signing a contract, we’ll review it and give you our expert legal advice. SG
Make An Enquiry
Call us now on 07855 849232 or complete our Online Enquiry and we will be delighted to talk with you about your legal matter.
Share Article With:
Make An Enquiry
Blog Categories
Client Reviews
DG Law were fantastic throughout our purchase process. We had a short, fixed, timeline to
DG Law supported us through a very difficult contractual negotiation to achieve exactly the outcome
We were very pleased with the way that DG Law helped us on our transaction
DG Law resolved a difficult lease renewal for us and their services were excellent –
I needed understanding and experienced legal advice. DG Law provided an excellent service at a
My experience was second to none – the service was professional and personal. DG Law
DG Law always step up to the plate on our transactions and handle the various
DG Law was recommended to me and my partner and I received excellent advice –
Having worked with DG Law a number/couple of times now, I have been really impressed
DG Law were constantly at hand, and kept pro-active throughout the thorny process of getting
DG Law came recommended to me and whilst setting up a new business it was
We were recommended three lawyers to handle the sale of our seven year old successful
Why Choose Us?
We live by our core values of transparency, flexibility and being honourable – every day
We put ourselves in your shoes so we understand your problems from the inside out
We deliver our advice in a way that is easy to understand