Quiz - how well do you understand your lease?
Understand the key things you should know about your lease. If you are a purchaser, this can help make sure your solicitor has covered all of these points and explained them clearly to you.
Gordon R owns a flat in a seafront block in Morecambe, Lancashire. The block residents have unfortunately had complex problems with the management of the building, and Mr R has been getting advice from LEASE since 2008. The most recent issue for the leaseholders of the building was the result of a successful Tribunal application. The Tribunal determined that the freeholder was not allowed to use money from service charges to pay their solicitor for advice. Despite this decision, the freeholder was still not paying the money back to the leaseholders.
The LEASE adviser explained that where a successful application has been made to the Tribunal but the landlord fails to observe the Tribunal’s findings, leaseholders can apply for enforcement of the Tribunal’s decision in the County Court. The court has the power to order the landlord to pay back any money, or to stop the landlord from requesting money, contrary to the Tribunal’s decision.
Mr R said that this advice left him “very satisfied, as ever. We have had years of good experience in our dealings with LEASE. They have shown us not only expert knowledge of the subjects, but also an intuitive awareness of the consequences to those Tenants (some of whom were extremely elderly) seeking redress against the Landlord.”
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