Description
The Building Safety Act 2022 introduces vital reforms for managing building safety, but its complexity raises concerns around leaseholder protections, remediation costs, and the legal responsibilities of landlords and conveyancers.
Key Points:
- Leaseholder Protections & Pitfalls: Lease extensions may trigger loss of Building Safety Act protections due to technicalities like deemed surrender and regrant.
- Certification & Legal Risks: Landlords must provide accurate safety and ownership certificates, while buyers and conveyancers face risks from defective or misleading documentation.
- High-Risk Building Oversight: Buildings over 11m or with 5+ storeys face stricter registration, safety obligations, and potential remediation liabilities affecting service charges.
Learning Objectives:
- Understand how the Building Safety Act affects leaseholder rights, particularly around lease extensions and qualifying criteria.
- Learn the certification and documentation requirements under the Act, including landlord and leaseholder certificates, and their legal implications.
- Identify the obligations and risks for landlords, leaseholders, and conveyancers concerning high-risk buildings, remediation costs, and compliance with safety regulations.
