Put the block in the black
Series: Estates Gazette ; (0349) 6 December 2003, 120-121(2)Publication details: 2003Subject(s): Summary: Offers a critical view of the Right To Manage (RTM) legislation, which has recently come into force under the Commonhold and Leasehold Reform Act 2002 Part II. Sees RTM as the culmination of successive government policies to shift power away from landlords in favour of lessees,with landlord control being reduced to membership of the residents' RTM company and unqualified leaseholders possibly failing to maintain residential blocks as well as a professional property manager. Proposes the formation of tenants' associations in accordance with the Landlord and Tenant Act 1985 s29 instead of RTM, being quicker and cheaper to set up and administer than a RTM company, with leaseholders having significantly increased management powers although far less than under a RTM company. Looks at the scope for property professionals to assume a consultancy role both to leaseholders contemplating or invoking RTM and to landlords facing a RTM application.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS67352 (Browse shelf(Opens below)) | 1 | Available | 124677-1001 |
Offers a critical view of the Right To Manage (RTM) legislation, which has recently come into force under the Commonhold and Leasehold Reform Act 2002 Part II. Sees RTM as the culmination of successive government policies to shift power away from landlords in favour of lessees,with landlord control being reduced to membership of the residents' RTM company and unqualified leaseholders possibly failing to maintain residential blocks as well as a professional property manager. Proposes the formation of tenants' associations in accordance with the Landlord and Tenant Act 1985 s29 instead of RTM, being quicker and cheaper to set up and administer than a RTM company, with leaseholders having significantly increased management powers although far less than under a RTM company. Looks at the scope for property professionals to assume a consultancy role both to leaseholders contemplating or invoking RTM and to landlords facing a RTM application.