# The Leasehold Reform (Collective Enfranchisement and Lease Renewal) Regulations 1993, Note: Explanatory note


(This note is not part of the Regulations.)
These Regulations prescribe the procedure to be followed, unless it is agreed otherwise, in giving effect to a claim to exercise the right to collective enfranchisement or a claim to exercise the right to lease renewal under Part I of the Leasehold Reform, Housing and Urban Development Act 1993.
Schedule 1 specifies the procedure to be followed by a nominee purchaser and reversioner and, where appropriate, a relevant landlord, in giving effect to an initial notice claiming to exercise the right to collective enfranchisement given under Chapter I of Part I of the Act; and makes provision for payment of a deposit by the nominee purchaser on exchange of contracts.
Schedule 2 specifies the procedure to be followed by a landlord and tenant in giving effect to a tenant’s notice claiming the right to lease renewal under Chapter II of Part I of the Act; and makes provision for payment of a deposit by the tenant at any time when the tenant’s notice is in force.

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Source: https://www.legislation.gov.uk/uksi/1993/2407/note (the official version)
Page: https://openlegislation.uk/leasehold-reform-collective-enfranchisement-and-lease-renewal-regulations-1993/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.