Reference

Glossary

Simple definitions for words you will see when reading about RTM. They are for general learning — not formal legal definitions.

Claim notice

A formal notice used in the RTM process to claim the right to manage, served on the landlord as the legislation requires.

Commonhold and Leasehold Reform Act 2002

The Act that (among other things) introduced RTM in England and Wales. Always check the current text and any later amendments.

Leaseholder

Someone who holds a lease of a flat — often the owner with a long lease. In RTM, qualifying leaseholders are central to tests such as participation and lease length.

Managing agent

A company appointed to run the building on behalf of the landlord or the RTM company. RTM can replace the previous management arrangements if the process completes successfully.

Participation notice

A notice inviting eligible leaseholders to become members of the RTM company, used at the appropriate stage of the process.

Qualifying lease

A lease that meets the statutory tests — for example, originally granted for more than 21 years in many cases.

RTM company

A company formed by leaseholders to exercise the Right to Manage and take on management responsibilities after the statutory transfer date.

Service charges

Payments by leaseholders toward maintaining and insuring the building and shared areas. Who sets and collects them may change when RTM applies.