What is a Leasehold Acquisition Order?

Under the Landlord and Tenant Act 1987 leaseholders can acquire the freehold of their building where a landlord is in consistent breach of their management obligations over a long period of time. This is obtained by application to the County Court for a compulsory acquisition order. The right to acquire the freehold via an acquisition order is only given to qualifying tenants – those under a long lease which was originally granted for a term of more than 21 years.