When a leasehold tenant also owns a -agent" class="con-glossarylink">-of-freehold" title="Share of freehold">share of the freehold, the leaseholder will also own a share in the management company (if a management company exists).
When a leasehold property is sold, the leaseholders share in the management company will also need to be transferred.
A share certificate will need to be completed and signed by the seller along with a Stock Transfer Form
Gaynor Haliday, Legal researcher
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Gaynor Haliday is an experienced legal researcher and published author. She has had numerous articles published in the press and is a legal industry commentator.