what's involved to form a Right To Manage (RTM) company
17 November 2011, 07:06 AM
#1
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what's involved to form a Right To Manage (RTM) company
as title,
what do you need to do to form a RTM, I know you need 50% of owners to agree, but once that is sorted, what do you need to do to set it up legally?
any pro's or con's?
what do you need to do to form a RTM, I know you need 50% of owners to agree, but once that is sorted, what do you need to do to set it up legally?
any pro's or con's?
17 November 2011, 07:29 AM
#2
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I always use the Leasehold Advisory service for information on my lease etc. you can find them here http://www.lease-advice.org/informat...aq.asp?item=65 very helpful and a free service.
17 November 2011, 06:31 PM
#3
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cheers, will check it out.
17 November 2011, 10:45 PM
#4
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18 November 2011, 07:17 AM
#5
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lol even better, tnx Don 
We have a resident/owner pushing.. quite hard wanting to go RTM, but the 'residents community' to rum the building of 80 flats.. in a grade II listed building.. that needs a lot of work on it.
He needs 40 owners to support it.... he's sending out form for ppl to sign up to a RTM, without explaining whats involved, he just says he can save 30% a year!!
the current Managing agent has problem getting ppl to pay up.. takes them to court etc etc..
so how the 'resident comunity' will do any better I have bno idea.
I'm not willing to give my time to it.
He thinks ppl will do it for free.
We have a resident/owner pushing.. quite hard wanting to go RTM, but the 'residents community' to rum the building of 80 flats.. in a grade II listed building.. that needs a lot of work on it.
He needs 40 owners to support it.... he's sending out form for ppl to sign up to a RTM, without explaining whats involved, he just says he can save 30% a year!!
the current Managing agent has problem getting ppl to pay up.. takes them to court etc etc..
so how the 'resident comunity' will do any better I have bno idea.
I'm not willing to give my time to it.
He thinks ppl will do it for free.
Last edited by salsa-king; 18 November 2011 at 07:18 AM.
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