What law applies to Leasehold?
Leasehold properties are governed by lots of
different regulations.
We’ve listed a brief summary for you,
here:
Landlord and Tenant Act 1985(As amended) section 18-22
- section 18 – defines what a service charge is
- section 19 – talks about the reasonableness of charges (both
reasonableness of cost, and reasonable standard of works charged
for)
- section 20 – sets out the way we must consult with you on major
repairs and improvements and the timescales for invoicing you for
works and more
- section 21 – sets out that we must provide you with a regular
statement of account and the format that it must be in, it also
sets out when a service charge can be withheld and what documents
should accompany any demand for payment
- section 22 – sets out your rights to inspect the supporting
documents used to calculate your service charge
Commonhold and Leasehold Reform Act 2002 section 71-178
- sections 71-113 – sets out the details of the right to
manage
- sections 114 - 128 – set outs the details of leasehold
enfranchisement (i.e. when leaseholders buy the freehold from their
landlord)
- sections 129 -136 – sets out the right to renew your
lease
- sections 137 -149 – talks about leasehold houses and is not
relevant to any of our housing stock
- sections 150 – 155 – updates and improves the rights formally
given to you under the Landlord and Tenant Act 1985 (the Landlord
and Tenant Act 1985 has been amended to include these
improvements)
- sections 167-172 – set out the rules for forfeiture of
lease
Landlord and Tenant Act 1985(As amended) section 18-22
- section 18 – defines what a service charge
is
- section 19 – talks about the reasonableness
of charges (both reasonableness of cost, and reasonable standard of
works charged for)
- section 20 – sets out the way we must consult
with you on major repairs and improvements and the timescales for
invoicing you for works and more
- section 21 – sets out that we must provide
you with a regular statement of account and the format that it must
be in, it also sets out when a service charge can be withheld and
what documents should accompany any demand for payment
- section 22 – sets out your rights to inspect
the supporting documents used to calculate your service charge
Commonhold and Leasehold Reform Act 2002 section 71-178
- sections 71-113 – sets out the details of the
right to manage
- sections 114 - 128 – set outs the details of
leasehold enfranchisement (i.e. when leaseholders buy the freehold
from their landlord)
- sections 129 -136 – sets out the right to
renew your lease
- sections 137 -149 – talks about leasehold
houses and is not relevant to any of our housing stock
- sections 150 – 155 – updates and improves the
rights formally given to you under the Landlord and Tenant Act 1985
(the Landlord and Tenant Act 1985 has been amended to include these
improvements)
- sections 167-172 – set out the rules for
forfeiture of lease