HAUS Block Management

Features HAUS Block Management

It’s quite common for a block of flats to be owned or managed by a company made up of the Leaseholders.
These are usually known as Residents’ Management Companies (RMCs) or Right to Manage Companies (RTMs).
Being a leaseholder and being a shareholder or member of an RMC is not the same, even though you could be both.
RMC directors need to keep a clear distinction between the two roles when making decisions.The Difference Between Shareholders & LeaseholdersThere are both legal and practical reasons why being a shareholder and being a leaseholder is different, even though you could be both.