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£500 is the total cost, as are the £500-£1,000 solicitor fees. There are 5 residential leaseholders and 1 comercial (a sandwich shop). So the £1,500 (maximum) should all participants take part would be split 6 ways.
One leaseholder is refusing to take part, and will not give up her rights under Section 5 of The Landlord & Tenant Act. I'm unsure if that's an issue or not, or whether the others can simply cover that cost so long as the majority are in agreement.
Would you mind clarifying "it is unlikely you would be able to sell the property without pain perception insurance policy which is a one-time fee because it would not be in accordance with mortgage lenders standard instructions" please.
Also, if one of the six refuse to give up Section 5, does that mean the deal is dead in the water?