by Lorna HearnThe periodicity of charging is generally governed from your wording on the property purchase. If it says “annually in advance” that just what you ought to “demand.” However, it’s no use quoting that of your leaseholder usually they are in arrears with payments and not responding on to the accounts department’s reminders. Such residents are probably cash-poor and feeling means of any recession too. So take time to consider a different approach. Determine periodicity of collection as a easy way to cope with adverse periodicity of recharging. Your cash-poor resident parking management system very likely be able to achieve smaller monthly payments and eventually clear that annual charge – that far better for your cash flow than digging with your heels and insisting on unrealistic, albeit lease-backed, asks for.
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