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Share of Freehold division of costs between two flats

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  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    No there isn't GM

    There are are only three types of tenure commonhold leasehold and freehold.

    If a freehold is owned by GM and PM, then the freeholder is GM and PM, they are one single legal entity, not a share.

    Where the FH is owned by a company they are a member of or have share in, that company, not the freehold.

    Perpetuating this idea makes people they have a tenure "SOF" which is misleading and counterproductive.
    Yes. You are right "the freeholder is GM and PM, they are one single legal entity, not a share."

    But equally GM owns 50% (assuming an equal split) of the freehold (and could sell it for 50% of its value).
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