TPI Level 4 Member Exam In Leasehold Management Practice Questions - TPI Level 4 Member Exam In Leasehold Management (MTPI, UK) Exam

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Under Section 20B of the Landlord and Tenant Act 1985, what is the time limit within which a landlord must demand service charges from a long leaseholder after the relevant costs have been incurred?

Within 18 months of the costs being incurred, unless a protective notice under Section 20B(2) has been served within that period Within 6 months of the end of the accounting period in which the costs were incurred Within 24 months of the works being completed, regardless of when the costs were incurred Within 12 months of the landlord receiving the contractor's invoice

Correct Answer:

Within 18 months of the costs being incurred, unless a protective notice under Section 20B(2) has been served within that period

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