Selling and buying flat -share transfer

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    Selling and buying flat -share transfer

    I understand that a condition of ownership of a flat that the new tenant becomes a member of the company and the old tenant transfers the share.

    Therefore If there are two tenants of a single flat (e.g. husband and wife) then they will own the share jointly.

    I understand that there has been a shift in Companies House policy recently on joint subscribers. Their current view, based on their interpretation of the law, is that a subscriber must be one legal person, either an individual or a company. Be aware that applications for property management company incorporations should only include one of the tenants.

    Has this been applied to and does that mean only the director/ shareholder can attend all the board and shareholder meetings.

    Do we not/invite the other tenant the husband at the same address? Do they have any say in the decision making or able to vote?

    #2
    That will depend entirely on your article of association.

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      #3
      Sorry I dont quite understand the Transmission of shares bit in the Model Articles...it states " but transmittees do not have the right to attend or vote at a general meeting" does this apply to the husband?

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