The Right to Manage (RTM) is a powerful piece of legislation, which gives you as leaseholders the power to take control of the management of your building. However, it is not guaranteed that all buildings automatically qualify for this.
The Right to Manage (RTM) is a legal option for leaseholders (flat owners) to take control over the way their building is looked after and to decide how their money is spent. It was first introduced through the Commonhold and Leasehold Reform Act in 2002.
Welcome to our guide on Right to Manage vs Collective Enfranchisement. Whether you’re a flat owner, tenant or landlord, this guide will help you understand the intricacies of these two important legal rights that can affect your property.
Homeowners and property owners have the right to manage their own buildings, but what are the pros and cons? Read on to find out.