A leaseholder who has been a qualifying tenant of a flat for the last two years has the right to acquire a new lease for a term of 90 years at a peppercorn rent on payment of a fair premium. On the death of a qualifying tenant the right can be exercised by his personal representative. A qualifying tenant of a flat with a short lease, who wants to sell his flat, can avoid buying a lease extension himself by assigning his right to the buyer. We can:
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