# Leasehold and Freehold Reform Act 2024, Paragraph 12: Acquisition of a freehold house under the LRA 1967: shared ownership leases

Extent: E+W
Status: prospective

(1) This paragraph applies only to the transfer of a freehold house under the LRA 1967.
(2) The standard valuation method is not compulsory for any property comprised in the newly owned premises if it, or any part of it, is demised by a shared ownership lease.

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Source: https://www.legislation.gov.uk/ukpga/2024/22/schedule/4/paragraph/12 (the official version)
Page: https://openlegislation.uk/leasehold-and-freehold-reform-act-2024/schedule-4/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.