Is the cost of building a storage cupboard recoverable on the service charges?

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    #46
    I would like to leave it here but I am genuinely concerned.

    To say " the lease represents the views of leaseholders Directors and shareholders" is still nonsensical.

    In order to do so you would need to vary the leases to allow payment to the company for management and
    In order to remunerate ( not "renumeration") directors other than reimburse expenses, requires the Articles to allow them to do so.

    I will try to put into context one last time;

    A company can do whatever it likes as long as the Articles allow it to do so.

    What that company can do with a property is restricted by the contracts/leases that they have, which operate in a statutory framework that has little to do with company law or the characteristics of a director.
    Based on the information posted, I offer my thoughts.Any action you then take is your liability. While commending individual effort, there is no substitute for a thorough review of documents and facts by paid for professional advisers.

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      #47
      Originally posted by leaseholdanswers View Post
      To say " the lease represents the views
      of leaseholders Directors and shareholders" is still nonsensical.
      You may have missundersood.
      I said and ment, , TO "make sure the lease represents the views
      of the leaseholders, Directors and shareholders"
      ( Each owner is a Director, shareholder and leaseholder )

      which means exactly as your post above suggests.
      We would need to vary the leases and Articles to allow payment to the
      company for management and to remunerate directors or nominated persons
      for their services.

      Which is what we intend to do, and all those concerned are in agreement to
      do so, and I have already consulted with a Solicitor with a list of additions,
      together with all copy leases / Articles, to ensure the leases reflect current
      legislation.
      They are in the hands of the solicitor last month to correctly word the Articles
      and leases and for his expert knowledge to advise on any other aspects he
      thinks should be included, and to add, ammend or thow out any suggestions
      all of us have thrown into the equation.

      Appologies for not making the last parragraph clear from the start
      ( My time is limited )

      R.a.M.

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        #48
        So you left out the vital fact that you are varying the leases...lol

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