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Flat Management Companies

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Flat Management Companies

A flat management company has its Memorandum and Articles of Association specially drawn up to allow the company to own, manage and administer a freehold property, which is normally divided into several dwelling units or flats, with each leaseholder owning a share in the company The leaseholder will be obliged to transfer the ownership of the share to the new leaseholder when disposing of the property.

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