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Thursday, 19 May 2011

Property in receivership - LPA receivers explained

Receivership in respect of companies are appointed by floating charge holders where the security was created before 15 September 2003.  If the charge is created after that date a charge holder can appoint an administrator,  so they are less common these days.

However, the term receivership is still used commonly in connection to property. 

Please read our new page for more information on property receivership and fixed charge receivers

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