Monday 30 March 2015
UK: England and Wales: RTM companies can only manage one self-contained building or part of a building
The Court of Appeal gave judgment last Friday in Triplerose Ltd v Ninety Broomfield Road [2015] EWCA Civ 282 and unanimously held that Upper Tribunal (Lands Chamber) had been wrong to conclude that a right to manage company (as defined in section 73 of the Commonhold and Leasehold Reform Act 2002) was able to acquire the right to manage more than one self-contained building or part of a building. Such companies, the court held, could only manage one self-contained building or part of a building.
Labels:
england and wales,
right to manage companies,
rtm company,
uk
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