Anchor Point:What is a Right to Manage (RTM) Company?21. What is a Right to Manage (RTM) Company?
A change in the legislation contained in the Commonhold and Leasehold Reform Act 2002 came into force on 30th September 2003. The RTM company provides tenants with the right to take over the collective management of their property including activities such as maintenance services and the general upkeep of the building. It allows greater opportunity to exercise residents rights than the Flat Management Company.
