In what circumstances will management fees be calculated in accordance with the actual amount managed by the management company?
British Columbia, Canada
The following excerpt is from Townsend v. Kroppmanns, 2002 BCCA 365 (CanLII):
In Robulack v. Heidecker, [1997] B.C.J. No. 2405 (S.C.), Mr. Justice Pitfield held that management fees were to be calculated on "the actual amount to be managed." He said:
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