Right to Manage
The Commonhold and Leasehold Reform Act 2002, which came into effect in 2003, included provisions for the Right to Manage. The Right to Manage allowed leaseholders to take control of their building, regardless of whether or not there is fault with either the freeholder or management company.
- The premises must consist of a self-contained building, or part of a building: ‘part of a building’ is self-contained if it has vertical division, could be redeveloped independently and has, or could have, its own services.
- Your building must include at least two flats.
- At least 50% of tenants (flat owners) must ‘qualify’.
- To ‘qualify’, the original lease must be for more than 21 years.
- There is no limit to the number of flats owned by one person.
- Any commercial/non-residential content must be no more than 25% of the total floor area.
- No past or present residence is needed.
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- Right to ManageThe Commonhold and Leasehold Reform Act 2002
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