Typical ways costs are shared
Your titles may set out the share to be paid by each owner in a number of ways. The most common ways that costs are shared are by: equal shares…
Your share of common or mutual costs should be set out in your titles. Typical problems are that titles are not clear, properties have been altered, one owner has to pay an unfairly large share, and dealing with careless or wilful damage.
Your titles may set out the share to be paid by each owner in a number of ways. The most common ways that costs are shared are by: equal shares…
Problems may occur where flats have been subdivided, merged, or enlarged into the loft or basement after the title deeds were drawn up. Ideally, title deeds for all flats should…
If you are not able to change your property titles, you and your fellow co-owners can agree to temporarily divide shares differently to what is stated in the titles. The…
Owners may feel aggrieved if one owner, their visitors, or tradespeople they have employed, have caused damage to the common property. Ideally, the owner concerned should pay for the damage,…
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