A right whereby, in certain situations, the freehold of the building must be offered to the leaseholders before it can be disposed of to a third party.
« Back to Glossary IndexA right whereby, in certain situations, the freehold of the building must be offered to the leaseholders before it can be disposed of to a third party.
« Back to Glossary IndexLEASE is governed by a board, appointed as individuals by the Secretary of State for the Ministry of Housing, Communities & Local Government.