# Leasehold and Freehold Reform Act 2024, Section 1: Ban on grant or assignment of certain long residential leases of houses

Extent: E+W
Status: prospective

(1) A person may not grant or enter into an agreement to grant a long residential lease of a house on or after the day on which this section comes into force, unless it is a permitted lease (see section 7).
(2) A person may not assign or enter into an agreement to assign the whole or a part of a lease which was granted on or after the day on which this section comes into force if—
(a) at the time of the assignment the lease is a long residential lease of a house, but
(b) at the time of the grant the lease was not a long residential lease of a house.
(3) This section does not affect—
(a) the validity of a lease granted, or an assignment entered into, in breach of this section, and does not affect the powers of a person to grant or assign such a lease (whether under section 23(1) of the Land Registration Act 2002 or otherwise);
(b) any contractual rights of a party to an agreement entered into in breach of this section.

---
Source: https://www.legislation.gov.uk/ukpga/2024/22/section/1 (the official version)
Page: https://openlegislation.uk/leasehold-and-freehold-reform-act-2024/section-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.