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Leasehold and Freehold Reform Act 2024
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Point in time view as at 24/07/2024. This version of this provision is prospective.
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Prospective
1Ban on grant or assignment of certain long residential leases of housesE+W
This section has no associated Explanatory Notes
(1)A person may not grant or enter into an agreement to grant a long residential lease of a house on or after the day on which this section comes into force, unless it is a permitted lease (see section 7).
(2)A person may not assign or enter into an agreement to assign the whole or a part of a lease which was granted on or after the day on which this section comes into force if—
(a)at the time of the assignment the lease is a long residential lease of a house, but
(b)at the time of the grant the lease was not a long residential lease of a house.
(3)This section does not affect—
(a)the validity of a lease granted, or an assignment entered into, in breach of this section, and does not affect the powers of a person to grant or assign such a lease (whether under section 23(1) of the Land Registration Act 2002 or otherwise);
(b)any contractual rights of a party to an agreement entered into in breach of this section.
Commencement Information
I1S. 1 not in force at Royal Assent, see s. 124(3)
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