There are a raft of contractual and statutory restrictions on the recovery of service charges, and failures to comply can result in lessees withholding payment of service charges. In some cases, the effects are suspensory and failures can be corrected. In other cases, failures are fatal to the recovery of those service charges.
Failing to comply with Section 20B (or the so-called 18 month rule) can result in stale (and unrecoverable) service charges; something all managing agents want to avoid.
In this webinar, we’ll explore the 18 month rule in some detail, and look at what it means for managing agents in practice. We’ll consider the latest case law on this topic, and offer some practical guidance for agents to try and avoid stale service charges.
