Company Formation Services - Flat and Property Management Companies
 |
A Property Management (Flat Management) Company is normally incorporated to manage a property or group of properties where there are multiple tenants. |
A Property Management Company is normally used to protect the interests of the leaseholders. The company can either be incorporated as a "limited by shares " or "limited by guarantee" - we can advise you on the best for your particular needs.
A Property Management Company has its Memorandum and Articles of Association specially drawn up to allow the company to own, manage and administer a freehold property, which is normally divided into several dwelling units or flats.
If the property management company is limited by shares each leaseholder will own a share in the company. The leaseholder will be obliged to transfer the ownership of the share to the new leaseholder when disposing of the property. Whereas if limited by guarantee each leasholder is a member of the company.
Collective Enfranchisement
If you wish to buy a freehold through the collective enfranchisement rights given in the Leasehold Reform act of 1993 you will need to incorporate a company limited by guarantee more
|
|
If you would like us to incorporate a Property Management Company for you please click on the button below.
Our fee to incorporate a Property Management Company is £428
|