Leasehold shake-up looms
Series: Sunday Business ; 26 December 1999, 23(1)Publication details: 1999Subject(s): Summary: The government has outlined a list of proposals for leasehold reform, in a response to its consultation paper. The aim is to give leaseholders more control over the management of their buildings. Main proposals are: abolition of the residency test; allowing 25% of a building to be in commercial use; retention of marriage value; and introduction of a system of commonhold. A draft bill is expected by Easter 2000.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3601-31 (Browse shelf(Opens below)) | 1 | Available | 103388-1001 |
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The government has outlined a list of proposals for leasehold reform, in a response to its consultation paper. The aim is to give leaseholders more control over the management of their buildings. Main proposals are: abolition of the residency test; allowing 25% of a building to be in commercial use; retention of marriage value; and introduction of a system of commonhold. A draft bill is expected by Easter 2000.