Under which act do leaseholders have the right to request details of service charge expenditure?

The correct answer is found in Section 20 of the Landlord and Tenant Act 1985. This section specifically grants leaseholders the right to request and obtain details regarding the service charge expenditure incurred by the landlord.

This provision is crucial for leaseholders as it promotes transparency and accountability in the management of communal costs within leasehold properties. It allows them to ensure that charges are reasonable, necessary, and properly accounted for, which ultimately protects their financial interests and ensures proper property management practices.

While other sections of the Landlord and Tenant Act 1985 address various rights and obligations related to leaseholders and landlords, Section 20 is the one that specifically focuses on the request for service charge expenditure details. The Companies Act 2006 is more relevant to the governance of companies rather than leaseholder rights, and the other sections provided do not pertain to requesting service charge expenditure information.

Thus, it is important for leaseholders to reference Section 20 when seeking to understand their rights in relation to service charges.