Leaseholders have a collective right to take over the management of their building under a no-fault right known as the ‘Right To Manage.’ Introduced by the Commonhold and Leasehold Reform Act 2002, this right is a useful alternative to buying the freehold as there is no capital outlay (other than costs) and will put leaseholders in control of their own destiny with regards to management expenditure.
However, exercising the Right To Manage is far from straightforward and Government has recently looked at changing or reforming these rights with the Leasehold and Freehold Reform Bill. The biggest change in this is the proposed adjustment so that buildings with up to half of the property in non-residential use will qualify for these rights.
The procedural pitfalls have been the subject of much litigation and recently experts from Bishop & Sewell intervened in the Supreme Court in the case of A1 Properties (Sunderland) Ltd v Tudor Studios RTM Company Ltd on behalf of a professional association (ALEP).
In this webinar we will consider the position generally as regards the Right To Manage, including qualification and how to exercise the right. We will also be answering viewers questions as part of our ‘Leasehold Question Time’ series.
We will consider the practicalities and also discuss how the law may evolve as and when these proposed reforms come into effect.
Webinar details:
This free online webinar will be delivered by Mark Chick, our Senior Partner, Chris Macartney, Partner and Joint Head of our Landlord and Tenant team, and Mark Loveday, Barrister, Tanfield Chambers.
The webinar aims to provide leaseholders with the knowledge and understanding necessary to exercise their Right To Manage effectively. Participants will also gain valuable insights into navigating the complexities of existing leasehold reform legislation and taking control of their building's management.
We will also outline the case of A1 Properties (Sunderland) Ltd v Tudor Studios RTM Company Ltd - and its potential implications for RTM.
There will also be plenty of opportunity for delegates to ask questions and gain expert advice from our leasehold experts.
AGENDA
The Right to Manage eligibility criteria for leaseholders and buildings
An overview of process of establishing an RTM company, including the service of formal notices and meeting legal requirements
Common challenges and complexities associated with the RTM process
The roles and responsibilities of the RTM company in managing a building
The transfer of management functions from freeholders or landlords to the RTM company
How A1 Properties (Sunderland) Ltd v Tudor Studios RTM Company Ltd could impact RTM cases and the law concerning the validity of property notices more generally
Mark Chick is recognised as a leading UK authority in this sector. He is a leasehold reform specialist and has been a Partner at Bishop & Sewell LLP since 2006.
He is a director and a founder committee member of the Association of Leasehold...
Partner and Joint Head of the Landlord & Tenant team
Chris is a leading practitioner in residential leasehold property law and regularly advises both landlords and tenants in complicated collective enfranchisement and lease extension claims.
In addition to acting for large groups of tenants and...
Mark Loveday is a senior member of Tanfield’s property team. His work includes residential service charges and management, the Right to Manage, leasehold enfranchisement, commercial landlord and tenant and real estate.