Maintainence funds held in Trust

RogerD

Junior Member

Joined: Jan 2019

Posts: 2
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#1

Maintainence funds held in Trust

25th January 2019, 10:36:AM

Hello,

The property management company has Ł18k in a client trust account but my lease states it should be held in a Trust. Am I right in thinking there should be trustees who are also the lease holders? I've attached an extract from the lease.

Any comments will be appreciated.

Thanks,
Roger

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2222

Senior Member

Joined: Sep 2018

Posts: 790
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#2

26th January 2019, 09:02:AM

The docs should say who the trustee is. It's unlikely to be the leaseholders.
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Maintainence funds held in Trust

Maintainence funds held in Trust

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