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Housing - purchase of equitable interest (England) Power
- Description
- A local authority as housing authority may with the agreement of the tenant purchase an equitable interest in a flat where the conditions in paragraph (2) are satisfied.
(2) The conditions mentioned in paragraph (1) are that—
(a) a long lease of the flat was granted or assigned by the landlord or another housing authority;
(b) the tenant is liable under the terms of the lease to pay service charges to the landlord in respect of repairs or improvement contributions (whether to the flat, the building in which it is situated or any other building or land); and
(c) the purpose of the purchase is to assist the tenant to meet some or all of the service charge payments.
- Modified
- 14 Jun 2016
- Status
- Live
- is found in the following lists
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- allows
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