Tenant's Right To Manage - Time For Change?

The procedure for tenants to take control of the management of their buildings is on the radar for reform as the Law Commission launches a consultation which closes on 30 April. To find out more about that right to manage (the "RTM") click here and to understand the areas under examination read on!

Exercise of the RTM sees limited take-up and the Law Commission is asking why, putting forward proposals which include:

• extending the RTM to buildings with more than 25% non-residential space and to leasehold houses;
• allowing shared ownership tenants to qualify for the RTM, whether or not they have acquired 100% of the shares in their leases;
• a flexible model allowing multiple buildings to be managed under one RTM company where those buildings contribute to a common service charge and/or share the use of the same common parts;