# Acquisition date

The date on which an RTM company takes over the management of the building from the landlord.

Also called: RTM acquisition date, takeover date.

From the acquisition date, the RTM company is responsible for the services, repairs, maintenance, insurance and management the landlord used to provide under the leases.

## How the date is fixed (s.90)

- **No dispute:** the date given in the [claim notice](https://runyourblock.co.uk/glossary/claim-notice).
- **Dispute decided by the tribunal:** three months after the decision becomes final.
- **Landlord later agrees in writing:** three months after the agreement.

## What happens around it

- Before the date, the outgoing manager must give notices about existing contracts (s.92), and the RTM company can ask for the information it needs to manage (s.93).
- On the date (or as soon as reasonably practicable), the outgoing manager must hand over the service-charge money it holds that isn't already committed: the [accrued uncommitted service charges](https://runyourblock.co.uk/glossary/accrued-uncommitted-service-charges) (s.94).
- From the date, the company issues demands, arranges repairs and becomes the [responsible person](https://runyourblock.co.uk/glossary/responsible-person) for fire safety in the common parts.

See [The acquisition date and after](https://runyourblock.co.uk/guides/right-to-manage/acquisition-date-and-after).

## Related terms

- [Claim notice](https://runyourblock.co.uk/glossary/claim-notice)
- [Counter-notice](https://runyourblock.co.uk/glossary/counter-notice)
- [Accrued uncommitted service charges](https://runyourblock.co.uk/glossary/accrued-uncommitted-service-charges)
- [Right to manage (RTM)](https://runyourblock.co.uk/glossary/right-to-manage)

## Sources

- [Commonhold and Leasehold Reform Act 2002, s.90 (the acquisition date)](https://www.legislation.gov.uk/ukpga/2002/15/section/90)
- [Commonhold and Leasehold Reform Act 2002, s.96 (management functions under leases)](https://www.legislation.gov.uk/ukpga/2002/15/section/96)

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Updated 22 October 2026. Source: https://runyourblock.co.uk/glossary/acquisition-date