What is Right to Manage RTM?
The Right to Manage (RTM) was introduced through the Commonhold and Leasehold Reform Act 2002. It gives leaseholders the statutory right to take over the management of their property from the landlord by setting up a special company – a right to manage company.
RTM is an important right for leaseholders. They do not have to get the landlord’s permission, prove any mismanagement or obtain any court order to exercise the right. Although the process is relatively straight forward, the qualifying rules and criteria can be complex. Dna can assist with this process. And already have extensive experience in managing blocks of this type.
