By Mitchell Labiak2019-01-28T13:42:00
Source: Shutterstock/ Wei Huang
The Law Commission is proposing making it easier for leaseholders to acquire the right to manage (RTM) properties so that they can take control of the day-to-day management of their building. The announcement marks the beginning of a three-month consultation on RTM.
Under current legislation, RTM gives leaseholders the right to take over responsibility for the service, repair, maintenance and insurance of a property from their landlord. It is a no-fault right, which means that leaseholders can acquire RTM without having to prove mismanagement by their landlord.
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