Q: RTM Responsibilities

RTM Responsibilities Q: Your publication ‘Running A Block Of Leasehold Flats’ advises Management Companies (that own the freehold). To what degree is the information relevant for RTM Companies? FPRA Director Shula Rich replies: The RTM company steps into the shoes of the freeholder, so all of it is relevant apart from the freeholder's business responsibilities or rights for example: not collecting the ground rent no ability to threaten or to forfeit flats. no responsibility for any rent collection from registered tenants etc. [Submitted October 2019]

Q: RTM Responsibilities

RTM Responsibilities Q: Your publication ‘Running A Block Of Leasehold Flats’ advises Management Companies (that own the freehold). To what degree is the information relevant for RTM Companies? FPRA Director Shula Rich replies: The RTM company steps into the shoes of the freeholder, so all of it is relevant apart from the freeholder's business responsibilities or rights for example: not collecting the ground rent no ability to threaten or to forfeit flats. no responsibility for any rent collection from registered tenants etc. [Submitted October 2019]

Question 1

RTM Responsibilities

Accepted Answer

RTM Responsibilities Q: Your publication ‘Running A Block Of Leasehold Flats’ advises Management Companies (that own the freehold). To what degree is the information relevant for RTM Companies? FPRA Director Shula Rich replies: The RTM company steps into the shoes of the freeholder, so all of it is relevant apart from the freeholder's business responsibilities or rights for example:

not collecting the ground rent
no ability to threaten or to forfeit flats.
no responsibility for any rent collection from registered tenants etc.

[Submitted October 2019]

Question 2

RTM Responsibilities

Accepted Answer

RTM Responsibilities Q: Your publication ‘Running A Block Of Leasehold Flats’ advises Management Companies (that own the freehold). To what degree is the information relevant for RTM Companies? FPRA Director Shula Rich replies: The RTM company steps into the shoes of the freeholder, so all of it is relevant apart from the freeholder's business responsibilities or rights for example:

not collecting the ground rent
no ability to threaten or to forfeit flats.
no responsibility for any rent collection from registered tenants etc.

[Submitted October 2019]

RTM Responsibilities

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