ARMA Lessee Advisory Note 20 - Appointment of a Property Manager by LVT

SUMMARY

  • Lessees who are unhappy with the management of their blocks have several options to change things.
  • The appointment of a manager by a Leasehold Valuation Tribunal (LVT) is one option but is normally an option of last resort.
  • The appointment may only be granted if a lessee or group of lessees can prove fault with the current management.
  • Appointment of a manager is a good alternative where a majority of lessees will not support the Right to Manage, because it can be sought by just one lessee in a block.

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