Over units 1 to 4, Matilda is considering the idea of bringing in an estate charge as she is worried that common facilities such as shared services (shared septic drainage, water, power), shared common parts such as the private road and containment (fencing, walls etc.) and the possibility of development on the chicken sheds could see parts of the estate of properties fall into disrepair.
On the basis that the leases allow for a service charge to be levied against all leaseholders, even though one does not currently apply, briefly explain what a service charge arrangement is, the options that could be used to satisfy the requirements and appraise what recommendation you would give to Matilda
Briefly explain what a service charge arrangement is.
