Sentences with phrase «flat owners»

The Cruze flatters its owners with an impressive array of the latest in - car technology, so long as the right options boxes are ticked.

Abuse of the leasehold system is a growing problem; 43 % of all new properties in 2016 were built as leasehold homes, so without urgent action increasing numbers of flat owners will continue to be exploited for profit by unscrupulous freeholders.»

Many flat owners have exercised their rights under LRHUDA 1993, partic [5] ularly following the relaxation of the qualification requirements in July 2002.

I think HDB is just being cautious by discouraging flat owners to keep cats in flats.»

Flat owners on the islands of Majorca, Ibiza, Menorca and Fomentera will be slapped with fines of up to 40,000 euros (# 36,000) if they are caught renting their properties to tourists.

We have been campaigning for years to raise the issue of leasehold on the political agenda and to educate flat owners about their rights.

Only 50 % of the qualifying flat owners are needed to participate in an enfranchisement and MV is only payable in respect of the participating flats.

In doing so, the court has significantly adjusted the residential property market, probably by billions of pounds, in favour of freeholders and against flat owners.

The court pointed out that there were other anomalies in LRHUDA 1993 adversely affecting flat owners (eg a non-participating owner who had served a notice claiming a lease extension before the participating tenants served their enfranchisement notice is not excluded), so the existence of anomalies is not significant in itself.

I appeared at the LVT in one case where the non-participating flat owner's lease had 75.38 years unexpired.

This is when the current authors, Anthony Radevsky and Damian Greenish, became involved and their task in updating the work was all the more challenging in that they had to write new chapters to take account of the enactment of flat owners» rights.

Many flat owners have exercised their rights under LRHUDA 1993, particularly following the relaxation of the qualification requirements in July 2002.

In an example, a flat owner at Valiant Park on Conduit Road in Mid-Levels West sold an 802 square foot unit for HK$ 13 million, HK$ 2 million below his asking price.

House and flat owners have lost potential buyers because more ethically minded solicitors warned them off due to the onerous covenants.

In exercising their rights, flat owners are depriving their freeholders of value and LRHUDA 1993 provided what appeared to be a simple method for determining the freeholders» compensation.

At some point in the future, the flat owner would want to extend his lease to realise its full value on a sale.

Those flat owners with short leases could add value to their flats by extending the terms of their leases by 90 years (or to 999 years in the case of an enfranchisement); those flat owners with longer leases could preserve the value of their flats by extending their leases.

The freeholders argued that the assumption that the flat owner was not buying or seeking to buy did not mean he would never seek to buy.

Under LRHUDA 1993, flat owners were given the collective right to compulsorily purchase the freehold interest (enfranchise) their building and the individual right to extend the terms of their leases by 90 years (and to reduce their ground rent to a peppercorn).

Parliament had deliberately used those words to exclude the «tenant's overbid» — ie, that on an open market sale the highest bidder is likely to be the flat owner.

In exercising that right under the 1993 Act the flat owner would pay 50 % of MV.

The benefits to flat owners were obvious from the outset.

While the pet owner is clearly violating her rental contract (assuming it forbids pets), the rental contract is between her and the flat owner.

So, practically speaking, the only option is to ask nicely (either the flatmate directly, or the flat owner).

But for most apartment or flat owners a garden (unless communal) is not usually part of the plan.