RIGHT OF FIRST REFUSAL CLAIMS FOR LANDLORDS
Under the Landlord and Tenant Act 1987, certain disposals trigger the right of first refusal. If you are intending to make a disposal then please seek expert legal advice on how to proceed as a failure to comply with the abovementioned legislation can have serious consequences.
Firstly, we will check whether your disposal is caught by the abovementioned legislation. If not then you will be able to proceed with the disposal as you see fit. If it is then we will guide you through the statutory process, which will include checking the title documentation, drafting and serving the initial offer notice, reviewing the leaseholder’s counter notice(s), drafting and settling the legal documentation and dealing with completion. Healys expert team will be there to take you step by step through the entire process from start to finish.
If you would like more information or require assistance in this area then please contact Daniel Winslow, Partner and head of this firm’s Leasehold Services department.