Flats: new lease claims: valuation issues
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In outline, Schedule 13 is made up of 3 Parts and 10 paragraphs as follows:
Part I: General (paragraph 1)
Paragraph 1: Definition of an 'intermediate leasehold interest'.
Part II: Premium payable in respect of grant of new lease (paragraphs 2, 3, 4 and 5)
Paragraph 2: Premium payable by tenant.
'2. The premium payable...
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