It is proposed that tenants, once generally willing to pursue a request for collective voting rights, identify responsibilities and formalize them through an agreement. At this stage, it is advisable to seek advice The disclosure obligation does not apply to an agreement agreement granting a guarantee for a loan. Therefore, if the members of the company decide to get a secured loan on the site, it is not necessary to inform the owner. The purchase of property or the right to vote collectively through the procedures of the Leasehold Reform Act 1993 is a cooperative enterprise that operates according to strict deadlines in which each person involved depends on all the others. Not all decisions will be approved unanimously – this would be far too difficult to achieve for practical reasons; Therefore, unless an assignee requests participation, decisions should be based on a defined majority agreement or delegated to a small group or a smaller committee. It may be preferable to specify certain things in such a way that they require the agreement of the members of the franchised company – for example.B. upward price changes – and all other procedural matters must be decided by the company. Timeliness is essential for action. . .
.