Being a Leaseholder

This book is about flats. If you are thinking of buying a flat, already own a flat or work in the industry then this book is for you. The ownership and management of flats is complex and usually requires highly skilled professionals. This is because there are common parts shared between all residents which need to be managed and paid for. There are also special legal issues concerning leases, landlord and tenant matters as well as a whole host of legislation that specifically affects flats for example the Commonhold and Leasehold Reform Act 2002. With more flats being built that houses each year, it is more important than ever to understand the background to owning in a flat. This book demystifies the complexities of owning a flat and provides answers to common questions such as: What is a lease? What is a service a charge and how much do I have to pay? What are the most common problems in a block and how do I deal with them? How important is health and safety in a block? What insurance must I have in my block? Am I personally liable as a resident management company director? How do i run the annual general meeting of my resident management company? What is the best way of resolving a dispute?