What does the 'right to manage' empower leaseholders to do?

Prepare for the TPI Leasehold Management Level 3 Test. Study with flashcards and multiple-choice questions, each with hints and explanations. Get exam-ready!

The 'right to manage' is a legal provision that allows leaseholders to take over the management of their residential property without needing to buy the freehold. This empowerment is significant because it enables leaseholders to make decisions regarding the management and upkeep of their building, such as appointing managing agents or setting budgets for repairs and services.

This option is aligned with the framework of the right to manage, which is designed to give leaseholders more control and ensure that their interests are represented in the management of their living environment. Unlike purchasing the freehold, which involves transferring ownership of the entire property, the right to manage focuses specifically on the management aspect, ensuring that leaseholders can address their concerns and preferences directly.

The other options involve actions that are either not permissible under the right to manage or fall outside its scope. For instance, controlling leasing terms with new tenants or increasing the size of the leasehold property requires different legal mechanisms. Changing the property structure also involves a range of planning permissions and regulations that the right to manage does not address. Hence, the ability to manage the property effectively without purchasing the freehold represents the essence of the right to manage.

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