Service Charge Procedure — Residents' Management Company, England (Editable Word)

A board routine for budgeting, demanding and holding the service charge in a block of flats, so your directors work to the lease and the law, not from memory.

What's inside:

• Building, company, managing agent and accounting-year details

• Read-the-lease-first steps: who pays, what the charge covers, when it's due

• Budget and demand steps, and who may sign a demand

• When section 20 consultation applies before you commit the money

• Holding the money on trust (Landlord and Tenant Act 1987, s.42)

Editable Word (.docx), 3 pages, red-bracket fill-in fields. England figures only.

Self-help template, not legal advice.