Building Safety Act 2022: FAQs for property practitioners
A practice note that provides comprehensive guidance on the Building Safety Act 2022 (BSA 2022), addressing frequently asked questions to assist property practitioners in navigating this complex legislation. This practice note explores critical aspects such as ongoing building safety management in occupied higher-risk buildings, liability for the costs of building safety measures, and the intricate rules concerning remediation of historical defects, including cladding. The practice note also examines the implications of the BSA 2022 for commercial and mixed-use properties, conveyancing considerations for lease transactions, the function of leaseholder and landlord certificates, and the impact on right to manage (RTM) companies and leaseholder-owned structures. Furthermore, this practice note considers the scope and application of the leaseholder protections in Schedule 8 to the BSA 2022.
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