Forming A Flat's Maintenance Contract ?

Discussion in 'Legal Issues' started by iwhitehatter, Dec 11, 2008.

  1. #1
    Hi,
    Does anyone have any idea how you go about selling then splitting a large property of 4 Apartments + 1 retail shop unit into saleable lots with a "maintenance contract" set up for each of the units sold.

    Is it a solicitor thing? I presently own a Building Company which incorporates a registered Electrical Arm & Plumbing Business and would like to keep it in house so to speak and perhaps sell it on when I have sold all the Apartments and the Shop Unit. Then the icing on the cake would be the disposal of the landlords communial area's & Cellar area which could be sold with the Maintenance Contract at auction perhaps.

    I am presently refurbing the whole building, installing a seperate Metering/Extinguishers/Fire/Emergency Lighting Systems for each unit and a seperate system for the communial areas including soundproofing and door video system and hope to have my 1st unit ready for sale early next year.

    Thanks for any advise/help
    Felicity Spence
     
    iwhitehatter, Dec 11, 2008 IP
  2. hostlonestar

    hostlonestar Peon

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    #2
    Yeah, contact a lawyer about that. I'm not sure you can split a house like that for sale.
     
    hostlonestar, Dec 13, 2008 IP