Section 5 Notices
If you are selling your freehold, chances are you will need to serve section 5 notices on your lessees befor you can complete the sale to a buyer. You have to give them two months notice in writing and in the correct format. We recommend your solicitor serves them on your behalf. It is possible to have your buyers serve the notices on your behalf but this very much depends on what you are selling.
The right of first refusal link below will take you to a whole section that will tell you everything you need to know about these notices. They are not complicated documents but need to be served correctly and ideally you need to provide proof of serviceof the notices on your lessees.
Information on section v notices and "right of first refusal"
The right to manage
appointing a managing agent
|
