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Leasehold and Freehold Reform Act 2024
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- UK Public General Acts
- 2024 c. 22
- Schedule 4
- Part 5
- Paragraph 24
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24(1)This Part of this Schedule sets out the standard valuation method.
(2)The standard valuation method consists of steps 1 to 3 (see paragraph 25, paragraph 27 or 28, and paragraph 29).
(3)There are two versions of step 2—
(a)the version in paragraph 27 applies to freehold enfranchisements;
(b)the version in paragraph 28 applies to lease extensions.
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