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Unhappy With Your Managing Agent? Here’s How RTM Lets You Take Control

Unhappy With Your Managing Agent? Here’s How RTM Lets You Take Control

Right to Manage (RTM): First Steps for Leaseholders & What to Expect

If you’re a leaseholder and unhappy with how your building is being managed, you’re not stuck.

You have a legal right to take control.

It’s called Right to Manage (RTM) — and when done properly, it puts the management of your building back in the hands of the people who actually live there.

But like anything in property…
the process needs to be done correctly.

What Is RTM?

RTM allows leaseholders to take over the management of their building without having to prove fault on the current managing agent or freeholder.

You don’t need a dispute.
You just need to follow the legal process.

Step 1: Check If Your Building Qualifies

Not every building qualifies, but most do if:

  • It’s a self-contained building or part of one
  • At least 2 flats are held by qualifying leaseholders
  • At least 50% of leaseholders participate
  • No more than 25% is commercial space

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