Sep
19

Retaining an RMC after management transferred to a RTM?

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At the moment we have a Resident’s management company (RMC) limited by Shares and management may be transferred to a Right to management (RTM).

This would potentially mean that the records of two companies have to be maintained.

Other than the fact that all the leases list the RMC as the management company is there any reason why the RMC should be retained or can it be dissolved ?

If so, to make life easy can we transfer all the shares into the name of the RTM?

Many thanks

David

 

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