Leases
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 content
RICS standards and guidance: Service charge residential management code
Legislation: Commonhold and Leasehold Reform Act 2002
Feature: Landlord and Tenant Act 1954: leases