The Leasehold Reform (Collective Enfranchisement and Lease Renewal) Regulations 1993

Explanatory Note

(This note is not part of the Regulations.)

These Regulations prescribe the procedure to be followed, unless it is agreed otherwise, in giving effect to a claim to exercise the right to collective enfranchisement or a claim to exercise the right to lease renewal under Part I of the Leasehold Reform, Housing and Urban Development Act 1993.

Schedule 1 specifies the procedure to be followed by a nominee purchaser and reversioner and, where appropriate, a relevant landlord, in giving effect to an initial notice claiming to exercise the right to collective enfranchisement given under Chapter I of Part I of the Act; and makes provision for payment of a deposit by the nominee purchaser on exchange of contracts.

Schedule 2 specifies the procedure to be followed by a landlord and tenant in giving effect to a tenant’s notice claiming the right to lease renewal under Chapter II of Part I of the Act; and makes provision for payment of a deposit by the tenant at any time when the tenant’s notice is in force.