Termination of lease by management company

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Termination of lease by management company

<p>Our management company DG Holidays terminated our lease on 26 January 2022, along with the majority of the apartments on the resort - A settlement was agreed with DG that we would be paid 50% of rent owed since 2018 with the remaining 50% paid in 24 monthly installments. Other owners I believe have received settlement of the first 50% but none of these monies has been forth coming as of todays date to ourselves personally. There is 4 years left of the 20 year VAT period.&nbsp; Our accountants have sent us a procuration form to complete and sign and they are to draw up final tax declarations for the period 01/01/22 until 26/01/22.&nbsp; The portion of VAT to pay back is 10702 euros - we have 60 days from date of termination to pay the amount due.&nbsp; &nbsp;&nbsp;</p> Any advice would be appreciated - we were under the impression we had one year to find a new management company before VAT would be repayable. To complicate matters we are considering accepting an offer on the property - at a huge loss - but in the current climate and personal circumstances her in the UK we may not have any option.

your vaccountant is correct - i had to pay the tva off about 4 years ago and was only given 60 days, i to am thinking of selling up and am getting a valuation next month,m I dread to think what the loss will be - can you give me an idea in % terms what you had to accept?

 

Hi, Which resort is your property at? - I have a property at Chamrousse which is managed by DG Holidays/ Popinns but I haven't received any rent for over 2 years.

 

 

Hi, Which resort is your property at? - I have a property at Chamrousse which is managed by DG Holidays/ Popinns but I haven't received any rent for over 2 years.

 

 

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