Further requirement finally added to Clara
Most RPs are now very familiar with the various requirements
within the Commonhold and Leasehold Reform Act 2002 (Clara). The
rights of service charge payers to be consulted, to nominate
contractors, etc. are all built into RPs procedures. Although there
are some nasty effects on certain procurement policies, and there
continues to be a steady flow of cases at the Leasehold Valuation
Tribunal, for most RPs the broad principles are understood.
Those with a good memory may recall that back in 2002, and
periodically thereafter, there has been discussion about one
further part of Clara, namely the obligation to provide a report by
a 'qualified person' alongside each statement of account,
subject to certain exemptions to be decided upon later. This part
of the legislation has lain dormant as many of the practical
issues, including cost, were being given consideration. However, it
is about to wake from its slumbers, and those of