What is the impact of certifying the service charge accounts in Sara & Hossein Asset Holdings Ltd?
The decision in Sara & Hossein Asset Holdings Ltd was that This certificate would be considered conclusive, except in "manifest or mathematical error or fraud" and will impact commercial landlords and tenants who have obligations under service charge provisions in their leases. It also opens the door to other tenants seeking to reclaim or challenge sums imposed by landlords. Potentially it outlaws offsetting of seevice charge once accounts are certified unless the lease says otherwise.
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What is the impact of certifying the service charge accounts in Sara & Hossein Asset Holdings Ltd?
The decision in Sara & Hossein Asset Holdings Ltd was that This certificate would be considered conclusive, except in "manifest or mathematical error or fraud" and will impact commercial landlords and tenants who have obligations under service charge provisions in their leases. It also opens the door to other tenants seeking to reclaim or challenge sums imposed by landlords. Potentially it outlaws offsetting of seevice charge once accounts are certified unless the lease says otherwise.
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