You might want to run that practise past a lawyer. My understanding is that you have no grounds to inform the estate agent that the current owner is in arrears with management fees. You might just find yourself at the wrong end of legal proceedings.
Butter specifically said that "we have gotten in touch with the estate agent in question & pointed out to them that there is a management company in operation in the development & to please ensure the potential purchaser is aware of this. We do not discuss the current status of the account."You might want to run that practise past a lawyer. My understanding is that you have no grounds to inform the estate agent that the current owner is in arrears with management fees. You might just find yourself at the wrong end of legal proceedings.
This is exactly what has happened now. The seller has passed the debt on to the purchaser so we now going to have to start chasing them down if they don't pay. Doesn't seem to have been in our control in any event.This is far easier than chasing sellers/getting old fees from new purchasers if something falls through the cracks during the conveyancing process.
Thanks Leo. You have read my post correctly. Seagull didn't.If you read the post clearly, they're not saying that.
"If the MC don't shout then it is of no relevance to the new owner."
Not true. The new owner inherits the debt.
"It is of no importance for a new owner as to what a previous owner did and what he owes."
Not true. The new owner inherits the debt.
mf
Yip messy is the word. MUD act being as clear as Mud in this regard anyway.According to mf1 you need to chase the new purchaser.
It appears it's now their debt & it's up to them to pay it and/or to go back to their solicitor about why they've been landed with the bill. Very messy.
I'd say impossible really as my read of this is that this debt is personnel debt. This is going to be a bigger problem going forward.Good to see the various opinions here. Management companies have to be onthe ball as it is would be very difficult to get a new owner to take on the debt
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