Leasehold Reform Act 1967

Question 1

Two rights

Answer 1

To acquire freehold

To acquire an extended lease

Question 2

Qualifying Conditions (3)

Answer 2

Must be a house
Let on a long lease
Must have been T for requisite period

Question 3

Definition of A house

Answer 3

Any building designed or adapted for living in and reasonably so called

Question 4

What is a Long lease

Answer 4

21 year + term or with provision for renewal and after 1+ renewal, terms exceeds

Question 5

What is the position with Business Ts?

Answer 5

cant enfranchise unless lease for 35 years + and T occupied as principal residence for 2 years prev

Question 6

Exceptions - when cant a T acquire FH or new lease? (3)

Answer 6

T of certain LL eg National Trust
T already given notice
LL applied for possession - redevelopment/occupation

Question 7

Process for acquiring FH (3)

Answer 7

T must serve notice on LL in pres form s8
Notice - estate contract and not transferable
LL serves notice 2 months admitting/objecting to claim

Question 8

Price

Answer 8

3 methods

Question 9

Extending lease (2)

Answer 9

T can claim 50 year extension s14

Terms same but modern ground rent