Legislation & compliance
Legislation governing residential management in England and Wales is complex. Our Property Managers are responsible for ensuring that your property is maintained to standards that meets the requirements of all relevant legislation.
OM Property Management follows both the legislative requirements and the industry Codes of Practice issued by The Association of Residential Managing Agents (ARMA) and The Royal Institution of Chartered Surveyors (RICS) as they apply to the management of Service Charge accounts and the holding of customers’ money.
We also ensure that we comply with all legislation including:
- Landlord and Tenant Acts 1985/1987
- Commonhold and Leasehold Reform Act 2002
- Electricity at Work Regulations 1989
- Fire Regulations 2006
- Control of Asbestos Regulations 2006
- Disability Discrimination Act 2006
- Health and Safety at Work Act 1974
For example, our Property Managers ensure that with all major works and high cost items we meet the statutory requirements for consulting with Leaseholders. The requirements and notices for consultation are defined within Section 20 of the Landlord and Tenant Act 1985 (amended by the Commonhold & Leasehold Reform Act 2002). For freehold properties that we manage, whilst no consultation requirements exist, we adapt the legislation to deal as fairly as we can with freehold owners.
Risk Assessments
Our Property Managers ensure that all risk assessments are carried out and the recommendations are implemented. These might include: Fire Risk Assessments, Asbestos Register Compliance, Legionella Risk Assessment, Five Year Electrical Test, Portable Appliance Testing etc.
We also advise leaseholders on issues that might arise from new regulations or legislation such as Gas Safety.
