Glossary of leasehold enfranchisement terms

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The key acts referred to below are the Leasehold Reform Act 1967 (the 1967 Act) and the Leasehold Reform, Housing and Urban Development Act 1993 (the 1993 Act). Adverse differential: the result of the application of different percentages to decapitalise the site value to reach the section 15 rent, and to...

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