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Does the freeholder have to grant a lease extension or sell the freehold?

April 26, 2017extension Freehold freeholder lease sell

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Does the freeholder have to grant a lease extension or sell the freehold?

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Provided that the leaseholder and the property qualify and a valid notice has been served under either the Leasehold Reform Act 1967 or the Leasehold Reform, Housing and Urban Development Act (as amended) 1993 then the freeholder is obliged to extend the lease or sell the freehold.