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Legal Terms - tenancy enfranchisement
A procedure for obtaining the freehold or an extended lease of a leased property. A tenant possesses a legal right to enfranchisement when holding a long lease that exceeds 21 years. The tenant's rights to enfranchise are regulated under the Commonhold and Leasehold Reform Act 2002.
A procedure for obtaining the freehold or an extended lease of a leased property. A tenant possesses a legal right to enfranchisement when holding a long lease that exceeds 21 years. The tenant's rights to enfranchise are regulated under the Commonhold and Leasehold Reform Act 2002.
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