Operating instructions

6 . 2 M A N A G I N G A G E N T
APPOINTMENT
Thornsett London Limited has entered into an initial one-year management contract with
London Residential Management to act as the managing agent for the estate.
The managing agent has created a Management Scheme – including preliminary financial
estimates – for the day-to-day running of the building.
ROLE & RESPONSIBILITIES
To carry out the management function, the Landlord has appointed an independent firm of
Managing Agents, whose responsibilities will be specified in a management contract and will be
in accordance with the terms of the lease.
The Managing Agents may make such estate regulations as are considered appropriate for the
well-being of the residents and the management of the estate, in accordance with the Articles of
Association and the term of the lease.
AUDITORS
The Managing Agent must appoint an independent firm of accountants to act as auditors who
will work with the managing agent to provide the audited accounts required by the Registrar of
Companies and the provisions of the lease.
ACCOUNTABILITY & POWER
The managing agent’s books of account for the management company, together with all invoices
relating to the building must be open to inspection by tenants, if required, and in accordance with
statutory requirements.
London Residential Management
9A Macklin Street
London
WC2B 5NE
℡ 020 7438 1080
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[e-mail]