NEW FREEHOLD MANAGEMENT ENQUIRIES FORM RELEASED

Over 15 cross industry trade and representative bodies have come together to create and endorse a new Freehold Management Enquiries (FME1).

Those involved in the creation of the FME1 form are urging all conveyancers to use this new standardised questionnaire to secure the necessary information if a property being sold is managed freehold.  This is where a freehold property has a shared amenity requiring a maintenance either through an estate rent charge or covenants set out in the title.

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