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Freehold rule gives owners equal shares

Language: English Series: Property Week ; 57(8) 29 November 1996, 20(1)Publication details: 1996Subject(s): Summary: A recent Lands Tribunal test case has awarded freeholders and leaseholders 50:50 split of the marriage value. It was the first case of its kind under the Leasehold Reform Housing and Urban Development Act 1993 to be referred from a Leasehold Valuation Tribunal to the Lands Tribunal.

A recent Lands Tribunal test case has awarded freeholders and leaseholders 50:50 split of the marriage value. It was the first case of its kind under the Leasehold Reform Housing and Urban Development Act 1993 to be referred from a Leasehold Valuation Tribunal to the Lands Tribunal.