Right to Manage definition

Right to Manage the right conferred on the tenants of the Dwellings by Section 27AB of the Housing Xxx 0000 to require that the Authority enters into a management agreement with a tenant management organisation; "Right to Repair" the right of any tenant to have repairs carried out to his Dwelling pursuant to Section 96 of the Housing Xxx 0000;

Right to Manage means a collective right, given by the Commonhold and Leasehold Reform Act 2002, which leaseholders in a building containing flats have the right to exercise, allowing them to take over management of their building.

Right to Manage means the exercise of the rights in relation to the management of premises provided for under sections 27 and 27AB of the Housing Act 1985,

Examples of Right to Manage in a sentence

• This guidance is designed to respect and support the council tenants’ Right to Manage, to sustain existing TMOs, to have proper regard for the aims and objectives of ALMOs and to sustain the client role of the local authority.

• A smaller number of TMOs have since been established through voluntary agreements with HAs, as there is still no extension of the Right to Manage to HAs despite apparent government enthusiasm for community rights.

• The Right to Manage is the right of leaseholders to take over the management of the building.

• However, before you will be allowed to exercise this right, certain qualifying conditions will need to be satisfied.These include: the building having to contain two or more flats with at least two-thirds of the flats being held on long leases; using a specific right to manage company through which the right itself must be exercised; and the serving of certain preliminary prescribed notices.This right is explained in more detail in Chapter 4 of this booklet (Leasehold flats – Right to Manage).

• The right of Secure Tenants to transfer to an alternative landlord, The Right to Manage.

• Pursuant to Article 7 of the Management Agreement, INMD has paid P.C., for the benefit of Physicians, a Right to Manage Fee in the sum of $1,000,000 cash and $500,000 in INMD stock and pursuant to the Asset Purchase Agreement has paid to Partnership, also for the benefit of Physicians, the sum of $500,000 for the name "Bay Area Fertility," said $2,000,000 being referred to herein as the "Payment at Closing.".

• This is known as the Right to Manage (RTM) and is a collective right rather than an individual right.Unlike asking a LVT to appoint a manager because your landlord has been at fault in some way, you do not have to prove fault or seek approval from a LVT when exercising this particular right.

• These are usually known as Residents’ Management Companies (RMCs) or Right to Manage Companies (RTMs) — for ease, we’ll use “RMCs” to refer to both in this Advice Note.

• For non-rate regulated businesses, recoverability is assessed based on an estimate of undiscounted cash flows attributable to the assets compared to the carrying value of the assets.

• This includes Residents’ Management Companies (RMCs) and Right to Manage Companies (RTMs).

More Definitions of Right to Manage

Right to Manage means rights pursuant to regulations made under section 27AB of the Housing Act 1985;