Management Fees Arrears

eddddy

It really is a case of reading the deed (or other agreement) to see what you've agreed to.


In simplistic terms, it could be that you've signed a deed / agreement that says:

"I agree to pay a management fee of £15 per month - plus the cost of any services provided"...

... then you've agreed to pay £15, even when no work is done.



The annual accounts will only be relevant if the deed/agreement says they are, and/or the deed/agreement says you have the right to see them.

Again in simplistic terms, it could be that you've signed a deed / agreement that says:

"The management company will charge £2000 a year for cutting the grass"

... so you don't now have the right to see the annual accounts to see how much it's actually costing them.



Those are simplistic/extreme examples to illustrate a point.  And hopefully your deed/agreement won't be that onerous.

But the starting point really is to read the deed/agreement.