GJH
LIFE MEMBER
- Aug 20, 2007
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That only applies to certain buildings (not necessarily purpose built blocks and not the land on which they stand) which contain flats and is totally irrelevant to the current discussion which concerns land not buildings.THE RFR .Right to first refusal.
" Where a landlord is proposing to sell his interest in a building containing flats in relation to which the RFR exists, he must, by law, first offer it to the tenants before offering it on the open market. He must serve formal notices on the tenants telling them what he is intending and must provide time for them to consider the offer; he cannot sell to another party during that time, nor offer the interest to anyone else at a price less than that proposed to the tenants or on different terms. Breach of these legal obligations by the landlord is a criminal offence. If the landlord sells without providing the Right of First Refusal, the tenants can serve a notice on the new owner demanding details of the transaction, including the price paid; they can then take action to force the new owner to sell to them at the price he paid."
http://www.lease-advice.org/publications/documents/document.asp?item=16#10
Only applies to purpose built blocks & the regs for statics are here & 15% is the max that a site owner can charge. Even that is far too much.
http://www.nidirect.gov.uk/selling-your-static-caravan