People Interests

blog yellow circle pmgHere are various blog resources related to all the different property interests, from landlords & tenants, to investors & occupiers, to all other third-party interests. These cover general factors to consider for a particular interest, to more detailed issues to resolve for a particular course of action.

 

7 Residential Property-Management Secrets for Dealing with Section 20 Notices

section 20 notices residential property management guideThose who deal with residential properties with long lease hold interests may well have heard of the famous ‘section 20’ notices which can get served when there are some hefty project works and costs on the horizon.

They stem from the Landlord & Tenant Act 1985 and are a neat way to calm down an ultimate freeholder, landlord, or management company getting carried away with repairs and projects works to the communal areas of a property and expecting each leaseholder-tenant to pay this through the service charge.

So maybe a fancy new redecoration job, or entering a large regular cleaning contract.

In short, this obliges the ultimate interest to send a series of legal notices to each long leaseholder - not only forewarning them of this...

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Getting a Residential Property Handover Just Right

handover checklist residential property management guideWhen people buy residential properties, there can be a lot of emotional attachment connected to the transaction, after all this is a place where people will live with all their hopes and dreams.

Even an investor just renting out can be swung this way, through swanky-looking sales particulars and ideas of fast money.

Which is why you need to look at some black-and-white practical issues so the detail doesn’t get missed. And in the frenzy of the deal going through and keys being handed over, then taking care ofn all the little extras.

An Example Flat

A good example of this is when you take a long leasehold interest of a flat in a block of other similar interests. You’ve not only got the usual buyer and seller -, or landlord and tenant -...

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The Property-Management Way to Deal with Management Companies

management company property management guideYou may well come across references to ‘management companies’ within property management, particularly with multi-use properties where this middle-entity can often crop up.
 
Now, one thing they are not is a ‘managing agent’, which can cause confusion. A managing agent is a separate agent that is simply instructed to carry out a service for a property interest, which might happen to be a management company (often abbreviated to a ‘man co’).
 
On the other hand, a management company has a legal interest in a property, maybe holding the freehold of the land or long leasehold interests.

An Example to Help Explain

So, imagine you have a block of six flats, or six office units if you’re dealing with commercial property. At this level...

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More Articles ...

  1. The Ultimate Building Guide for Property Owners & Occupiers
  2. The Two Sides of the Residential Property ‘Occupier-Owner’ Coin
  3. Some Practical Pointers to Kicking a Business Tenant Out
  4. How to Quickly (& Easily) Get a New Business Tenant Moving Into Their New Property
  5. The Basics of Inductions for Property Contractors
  6. 3 Ways to Nurture Local Contractors at Properties
  7. How to Kick a Property Managing Agent Into Shape
  8. Establishing a Property Manager’s Job Description
  9. Popular Niggly Nuisances From Property Occupiers
  10. Being Buddies With Building Surveyors When Managing Properties
  11. Handy Little Property-Management Tips to get Your Landscape Gardener Blossoming
  12. How to get Rid of a Residential Landlord’s Managing Agent Through the Appointment of a Manager
  13. Advice on How to Become a Landlord & Nail the Responsibilities
  14. Residential Property Management Explained Through 4 Perspectives
  15. 10 Guiding Factors for Long Leasehold Residential Property Owners
  16. The Property Basics for Residential Tenants
  17. The Bog-Standard Basics of Commercial Property Management
  18. How to be a Better Property Manager
  19. How a Property Manager Successfully Works With a Sales or Letting Agent
  20. 10 Ways to Cut Commercial Property Costs, and Not Get Screwed By Your Landlord of New Business Premises
  21. Property Management Experts & Consultants – How to Pick a Good ‘un
  22. The Easy Peasy Check-List for the Right Property Contractor
  23. Six Practical Pointers on Right to Manage (RTM) For Residential Properties
  24. The Easy Way to Move From Residential to Commercial Property Investment & Management
  25. Property Concerns for a Coffee Shop
  26. How to Secure Help From Others Through a ‘Volunteer Agreement’
  27. 12 Property Aspects for Childrens Activities
  28. 5 Times When Management Company Involvement for External Areas Goes Wrong
  29. Vacant Property Guardian Schemes - Clearly Explained
  30. How to Deal With Travellers and Gypsies at Your Property and Land

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People Interests Posts