Covid-19 Bounce Back loans for property businesses16:06 PM, 5th May 2020
About 4 weeks ago 47
I’m a fifth owner of the freehold in a building of 5 flats. We manage the building ourselves and I’m company secretary of the freehold company which owns the building. We all have one share.
Four of us get along fine and pay and meet on an amicable basis. One of the owners has been difficult for many years. Pays only after numerous ignored emails and is generally offensive. Never attends meetings. His flat has also caused water damage to the communal areas. Probably around £500 to repair. He has ignored any communication to discuss this. We do not wish to claim on insurance as the cost is only just above the excess.
The difficult owner is now selling. Is there anything I can do now to force the damage to be repaired or have the funds deposited in our maintenance fund to cover the cost.
I will also need to answer the freeholder questions for sale. Am I able to charge £250 to answer these questions to in some way obtain something back for all the hassle this guy has caused.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More