Association of Residential Managing Agents

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Leaseholder Library

Welcome to the Leaseholder Library

ARMA self-service library offers guidance to leaseholders. We would recommend that you view the documents available to see if they can assist.

If they do not, or you require further information then please contact the Leasehold Advisory Service at info@lease-advice.org. They are a government funded body who are able to assist you and they provide free information, initial advice and guidance to members of the public about residential leasehold. They are independent and impartial and all of their advisers are legally qualified.

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Posted: 16 / 07 / 2014

Updated: 08 / 12 / 2020

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Understanding RMCs .pdf

summary

Its quite common for a block of flats to be owned or managed by a company made up of the leaseholders. These are usually known as Residents Management Companies (RMCs) or Right to Manage Companies (RTMs).

Being a leaseholder and being a shareholder or member of an RMC is not the same, even though you could be both. RMC directors need to keep a clear distinction between the two roles when making decisions.

In this Advice Note, well take a look at some of the differences between the two roles and how this can affect the way your block is run.

Download the full Advice Note above...

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