A Resident Management Company, which has been formed by leaseholders and has bought their building freehold through the process of Collective Enfranchisement, runs into problems after the freehold purchase has been completed. These problems include conflicts with residents that did not participate in the freehold purchase, but that now wish to buy a share in the freehold and an accompanying 999-year lease extension.
Rosetta Consulting Ltd assists the board of directors of the Resident Management Company with advice on each specific problem, and presents best-practice solutions based on research done on and experience gained in hundreds of residential buildings. Rosetta briefs residents in the building, at a meeting organised by the board of directors.
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