000 01296cam a2200217 4500
001 ABS63738
008 000000n2001 000 0 eng u
035 _a(Sirsi) u111595
245 _aIn Shulem B Association Ltd's Appeal
260 _c2001
490 _aEstates Gazette
_v[2001] 11 EG 175-180(6)
520 _aLT 21 December 2000. Landlord (A) owned the freehold of a detached block of four flats. Each was held on a 99 year lease granted in 1961. Three of the four tenants exercised their right to acquire the freehold, and a purchase price of £14,000 was set by the Leasehold VT for the collective enfranchisement of the freehold. A appealed on a number of grounds, which included: the value of the existing lease in the "no 1993 Act world"; the effect of the absence of a mutual enforceability clause; whether the price should include the hope value of the flat owned by the tenant who was not participating in the process. Appeal allowed. A new purchase price of £29,816 was determined.
590 _aABS
650 _aFREEHOLD
650 _aSHULUM B ASSOCIATION LTD
650 _aLEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT 1993
650 _aCOLLECTIVE ENFRANCHISEMENT
650 _aHOPE VALUE
690 _aLANDLORD AND TENANT-LEASES-CASE LAW
942 _n0
999 _c66488
_d66488