What is good estate management?

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Published on LexisPSL on 18/05/2017

The following Property Q&A provides comprehensive and up to date legal information covering:

  • What is good estate management?

What is good estate management?

Landlords are often obliged in service charge provisions to manage a property in accordance with ‘the principles of good estate management’. These principles do not appear to be decisively defined anywhere and are generally vague, but it is commonly understood that they mean the landlord must act in the best interests of the property and must manage the property well, efficiently and diligently. The principles are not mentioned in the RICS Service Charge Code.

There are various cases in which the principles of good estate management have been contemplated. For example:

  1. in Capita Trust Co v Chatham Marine Developments, the court found that not granting a lease to an anchor tenant (in this case Marks and Spencer) in order to

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