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The latest paragraphs for you to consider including in your Report on Title.

Text for Report on Title

ROT: Allowance/Retention for Excess Service Charge

Change date
18/01/2024
Word count
753
Deployment measure
8/10
Rationale

Draft paragraph asking the client to choose between a 'clean break allowance' or a retention for service charge payments, with the former favoured to avoid additional costs but at the risk of unexpected charges.

As mentioned elsewhere in this report you will be required to pay a service charge in accordance with the provisions set out in the lease. The amount of the Service …

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