Apportionment Fee Clause Samples
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Apportionment Fee. In the event of a property sale, solicitors normally ask us for information in respect of common obligations and costs. We will aim to comply with such requests, however, this additional administration work falls out with our normal management service and we will, therefore, charge a fee to cover our work. Our standard Apportionment Fee is £60 plus VAT for a Ground only development, £100 plus VAT for a Flatted development and £200 plus VAT for a Commercial Unit, however a higher fee may apply, if matters become complicated, protracted, or additional documents are required. We require 7 to 10 working days’ notice to undertake apportionment, and we will confirm the fee to the solicitor in our initial response. For apportionments with less than 7 working days’ notice, an express apportionment fee of £ł0 plus VAT for a Ground only development, and £150 plus VAT for a Flatted development will apply, and thereafter we will include the fee in the seller’s common charges account.
Apportionment Fee. In the event of a property sale, solicitors normally ask us for information in respect of common obligations and costs. We will aim to comply with such requests, however, this additional administration work falls out with our normal management service and we will, therefore, charge a fee to cover our work. Our standard Apportionment Fee is £50 plus Vat for a Ground only development, £80 plus Vat for a Flatted development, £175 plus vat for a Commercial Unit, however a higher fee may apply, if matters become complicated, protracted, or additional documents are required. We require 7 to 10 working days’ notice to undertake apportionment, and we will confirm the fee to the solicitor in our initial response. For apportionments with less than 7 working days’ notice, an express apportionment fee of £120 plus vat will apply, and thereafter we will include the fee in the seller’s common charges account.