THIS NOTICE IS ONLY FOR LONG LEASES WHERE THERE IS ‘GROUND RENT’ – IT IS NOT SUITABLE FOR ASSURED SHORTHOLD TENANCIES
Freeholders of blocks of flats that are sold on long leases (greater than 21 years) from 1st October 2007 (England) and 30 November 2007 (Wales) are required to provide a summary of rights and obligations in the form of a notice typewritten in at least 10-pt. This prescribed form must accompany any demand for a service or administration charge.
In addition to notices for service charges and administration charges, a demand for rent on a long lease (greater than 21 years) must be made using a prescribed form [section 166 Commonhold and Leasehold Reform Act 2002]. The prescribed form is contained in The Landlord and Tenant (Notice of Rent) (England) Regulations 2004 for England and The Landlord and Tenant (Notice of Rent) (Wales) Regulations 2005 for Wales.