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.
- The landlord has breached an obligation owed to the leaseholder under the lease which concerns the management of the building;
- The landlord has demanded, or is likely to demand, unreasonable service charges;
- The landlord has breached a relevant provision of an approved management Code of Practice such as the RICS Code (Royal Institution of Chartered Surveyors) Service Charge Residential Management Code.
- There are other circumstances that exist which make it just and convenient to appoint a new manager.
You are likely to require the services of a solicitor and a managing agent.
More information you might find useful:
- Application to the First-tier Tribunal (Property Chamber): The appointment of a manager
- Application Form – Application by a Tenant for the Appointment of a Manager or for the Variation or Discharge of an Order Appointing a Manager
- More Frequently Asked Questions on Appointment of a Manager
Still not found the answer?
Contact LEASE to have your enquiry dealt with by one of our experienced advisers