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Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 32086
Experience:  Over 5 years in practice
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I am a leaseholder in a house which is converted to six

Customer Question

I am a leaseholder in a house which is converted to six flats. I also inherited half of the freehold as a "tenant in common" (50% share). The second freeholder (who also inherited his share and is not a relative), does not hold a lease to any of the flats. I also manage the maintenance,charges and collect the ground rents on behalf of both of us. The second freeholder would like to dispose of his share and has agreed to transfer this to me (either as a gift or for a nominal sum. I am aware that the law requires that the leaseholders have the right to first refusal on the purchase of a freehold when one is offered for sale. Under my particular circumstances does this rule apply. Would we be committing any offence if the second half of the freehold is transferred to me without offering it to the other leaseholders? Are we required to give the other leaseholders notice of our intentions before the transfer? If we to change to being "joint tennants" would this be of any help?

Submitted: 3 years ago.
Category: Law