‘Event Fees’ is the term devised by the Law Commission to refer to charges in leases that are payable on the sale or sub-letting of retirement properties. These fees have caused considerable anger and resentment, especially on the part of family members who inherit what they believe to be an asset only to find it is subject to significant additional charges when it is sold or even more annoyingly if it is retained and sub-let. Many think these fees are unfair and unreasonable.
In a leasehold context, charges are only unreasonable if they fall within the statutory definition of an administration charge whereas charges in consumer contracts can be unfair if they are not properly disclosed before the contract is entered into. Unreasonable administration charges can easily be challenged at a tribunal but unfair charges must be challenged through the courts.