What is the primary function of LEASE in the context of leasehold management?

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 primary function of LEASE (the Leasehold Advisory Service) is to provide free, impartial advice on leasehold issues. This service helps leaseholders understand their rights and responsibilities, navigate legal complexities, and resolve disputes related to their leasehold properties. LEASE plays a crucial role in informing leaseholders about the intricacies of lease agreements, the implications of different terms, and the processes involved in managing leasehold properties.

The organization assists individuals who may not have the resources to seek legal counsel or who need guidance on specific leasehold matters. By offering impartial advice, LEASE ensures that leaseholders are empowered to make informed decisions regarding their property and can effectively advocate for their rights, fostering a fairer leasehold environment.

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