Joint landlord/Owners responsibilites

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    Joint landlord/Owners responsibilites

    Hi,

    I own the downstairs flat of a purpose built building of two flats.
    The owner for the upstairs flat and I have just bought the freehold of the building and have a declaration of trust written into the completion of the property.

    So, is there some document that we now have to draw up to assign responsibilities for the upkeep of the overall property and ground around it? Is there something that could also incorporate shared maintenance costs, and what they should be. We have a very amicable relationship, but should one of us sell, then the other wants to have something in place to make sure that the new owners also adhere to a joint agreement.

    I have googled all sorts of phrases to see if there is a specific term for it, but no luck!

    Any help or advice would be much appreciated.

    #2
    Your current leases should already define responsibilities. The leases do not extinguish when you jointly buy the freehold.

    Comment

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    • Reply to Old managing agents accounts
      by eagle2
      I suggest that you apply to or take action against the freeholder directly, the agent is only acting on behalf of the freeholder. If you think that the freeholder is likely to supply information, you can ask him to volunteer it otherwise you will apply to the Tribunal. If he is unlikely to volunteer...
      26-05-2022, 05:38 AM
    • Old managing agents accounts
      by jazzythumper
      Since obtaining the RTM and changing the managing agent, we have never been given full accounts / receipts for the previous year(s). We believe that as the old freeholder and leaser holder of one of the flats were represented by the same solicitor that prior to the sale of the freehold, we were subsidising...
      20-05-2022, 11:21 AM
    • Reply to Old managing agents accounts
      by jazzythumper
      would this be a good starting point?

      https://www.lease-advice.org/faq/how...eing-used-for/...
      25-05-2022, 15:37 PM
    • Reply to Old managing agents accounts
      by jazzythumper
      As in a simple application to the old managing agent Or freeholder? Which one?

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      Thanks for...
      25-05-2022, 15:31 PM
    • Reply to Freehold confusion
      by Section20z
      It's never advisable , it can cause serious issues if you have a claim affecting communal areas. For buildings insurance the whole property should be covered and the cost split between the two flats.
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      25-05-2022, 10:02 AM
    • Reply to Share of feehold/shared service charges?
      by Stu1020
      eagle2,

      Thank you for the response.
      25-05-2022, 09:40 AM
    • Reply to Freehold confusion
      by AndrewDod
      There is no cast iron rule that the freehold "share" has to be transferred with any sale. You may need to purchase it from the friend (or his estate)....
      25-05-2022, 09:22 AM
    • Reply to Share of feehold/shared service charges?
      by eagle2
      I suggest that you ask the other 2 leaseholders to explain why they consider that the current allocation is fair. The freeholder has the right to review the allocation from time to time. Unfortunately, a "fair proportion" means that several alternatives would be considered reasonable to a...
      25-05-2022, 06:27 AM
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      Hi there,

      I'm new to the forum and looking for advice on a sticky freehold situation.

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      20-05-2022, 11:39 AM
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