Managing a building can be a complex and challenging task. Where that building contains flats, a landlord should be familiar with the terms of the lease.
A lease is the agreement setting out the legal relationship between the immediate landlord and the leaseholder of residential premises.
This section looks at dealing with and understanding leases.
This section is maintained by Nicholas Kissen of the Leasehold Advisory Service.
Related RICS standards and guidance
RICS standards and guidance
- RICS property measurement
- UK commercial real estate agency
- New rules of measurement
- QS and construction standards
- Residential property standards
- Valuation standards
- List of RICS standards and guidance
- RICS standards and guidance archive
- The importance of leases
- What is in a lease
- Altering the property, subletting and disputes
- Variation of leases
- Collective enfranchisement
- Right to manage