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What in the Act is happening

By: Contributor(s): Series: Estates Gazette ; (0317) 26 April 2003, 140-141(2)Publication details: 2003Subject(s): Online resources: Summary: Reviews progress of the Commonhold and Leasehold Reform Act 2002 so far. Discusses which provisions are in force to date. Focuses on: provisions relating to the collective enfranchisement of blocks of flats; 90-year lease extensions, including the abolition of the low rent test and the change to residency test; houses, including changes to Leasehold Reform Act 1967. Argues that under-enfranchisement claims due to valuers being required to ignore market values of existing leases could lead to an inflated market for leases. View the Act at www.hmso.gov.uk.
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Journal article London Journal article ABS66617 (Browse shelf(Opens below)) 1 Available 122177-1001

Reviews progress of the Commonhold and Leasehold Reform Act 2002 so far. Discusses which provisions are in force to date. Focuses on: provisions relating to the collective enfranchisement of blocks of flats; 90-year lease extensions, including the abolition of the low rent test and the change to residency test; houses, including changes to Leasehold Reform Act 1967. Argues that under-enfranchisement claims due to valuers being required to ignore market values of existing leases could lead to an inflated market for leases. View the Act at www.hmso.gov.uk.