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Service charge shortfall liability

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23:57 Dec 12, 2016
This question was closed without grading. Reason: Answer found elsewhere

English to French translations [PRO]
Law/Patents - Law: Contract(s) / Convention de gestion immobilière
English term or phrase: Service charge shortfall liability
Monitor and minimize the level of PRINCIPAL’s Reserves to enable the payment of non-recoverable expenditure, subsidize the unpaid tenant service charges and bad debt write-offs and PRINCIPAL’s **service charge shortfall liability**.

Upon request and in accordance with back up documentation PRINCIPAL will reimburse PRINCIPAL’s Reserves at the end of each accounting period the total of :
- Reconciled **service charge shortfall liability**;

Merci beaucoup pour votre aide.
Maryvonne Dulac
Italy
Local time: 15:54



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