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.
Leaseholders cannot be forced to participate in accepting an offer of Right of First Refusal. A qualifying majority of leaseholders can accept the offer and buy the freehold. If the majority accept the offer and buy the freehold, they will be able to charge service charges and/ or ground rent to all the leaseholders, including non-participating leaseholders, in accordance with their leases.
More information you might find useful:
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