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Leasehold Property Question
jacko74
Posts: 396 Forumite
Hi folks, I'll try and keep this simple and to the point and lets see if anyone can come with answer...
Selling an inherited leasehold property and a potential buyer had a list of leasehold questions for the Management company.
The management company want to charge the buyers for these questions, the buyers agree to pay but nothing is paid upfront (I think this agreement was made over the phone between the 2 parties, so nothing in writing)
After 6 months of waiting and numerous attempts at obtaining the answers the buyers pull out as they've still not received satisfactory answers to all their questions and have very real concerns over the way the management company is being ran.
My question is who is ultimately responsible for paying the management company, myself or the ex-buyers?
The reason I'm asking this is that I did eventually sell the property (over 2 years ago now), yet in the last few days I've received numerous answerphone messages from a company which I've found out specialise in recovering debts from probate/deceased estates. I'm 100% certain that there were no outstanding debts at the time of sale, it took 18 months to sell so there was plenty of opportunity in that time for any potential creditors to contact me. This issue between the management co and the non-buyers is the only thing I could possibly think that is being chased up
Selling an inherited leasehold property and a potential buyer had a list of leasehold questions for the Management company.
The management company want to charge the buyers for these questions, the buyers agree to pay but nothing is paid upfront (I think this agreement was made over the phone between the 2 parties, so nothing in writing)
After 6 months of waiting and numerous attempts at obtaining the answers the buyers pull out as they've still not received satisfactory answers to all their questions and have very real concerns over the way the management company is being ran.
My question is who is ultimately responsible for paying the management company, myself or the ex-buyers?
The reason I'm asking this is that I did eventually sell the property (over 2 years ago now), yet in the last few days I've received numerous answerphone messages from a company which I've found out specialise in recovering debts from probate/deceased estates. I'm 100% certain that there were no outstanding debts at the time of sale, it took 18 months to sell so there was plenty of opportunity in that time for any potential creditors to contact me. This issue between the management co and the non-buyers is the only thing I could possibly think that is being chased up
0
Comments
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Normally the seller pays, but it depends what was agreed wih the buyer.
The buyer is seeking nswers to Qs relating to the property. It is for the seller to answer those Qs. If the seller needs to get the answers from a management company, the seller needs to pay.0 -
Thanks for the reply G-M that really is the only outstanding issue and as I said the management co and the abortive buyers agreed who was going to pay it.
Even if the management co were now chasing me up for it I don't understand why they didn't contact me sooner and contact me direct, they've got my home address, email and phone no. Instead I just keep getting these answerphone messages (4 in 2 days) from a company that doesn't even seem to know my name.0
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