This popular book explains the rights of long leaseholders to acquire the freehold of their property, extend the term of their lease, and exercise their right to manage a property. This third edition has been thoroughly updated to include: * a new chapter on costs which explains the principles involved in agreeing and determining costs in enfranchisement and right to manage claims with tips, guidance and the latest cases * enhanced information on intermediate landlords and how their position can be protected * expanded information on the practicalities of completing enfranchisement claims including dealing with the landlord's mortgages * over 100 new case references. The author's focus on practical matters assists practitioners to guide their clients through each stage of acquiring their rights and the complicated requirements of the legislation are helpfully simplified by features such as summaries, key points, checklists and charts. Updated and new precedents are collected in an appendix and also available on the accompanying CD-ROM for convenience.