Part I of the Landlord and Tenant Act 1987 confers a right of first refusal in certain circumstances on tenants of blocks of flats, when their landlord is disposing of his interest. If the landlord fails to comply with his obligations under Part I, a person nominated by the tenants may be entitled to acquire an interest in the block, on their behalf, from the person who bought it from the landlord. Section 13 provides for a rent assessment committee, acting as a Leasehold Valuation Tribunal, to determine disputes as to the extent of the interest to be acquired in such a case, the price to be paid and other related matters.
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