Call Us TODAY on 020 3588 4240

Breach of Lease – Share Transfer Issue

Question – I have just purchased an office block on an Estate and should have received a share in the freeholder but the seller forgot to transfer it to me.  All of the leases (including mine) state that as a leaseholder you have to own a share and so everyone is now saying I’m in breach of my lease and it would be forfeited!  I just paid £800,000 for this!  The seller won’t talk to me and neither will my solicitor.  What do I do?

Answer – ok. In this order to start (1) sit down; (2) take a few deep breaths, and (3) calm down man!  It’s this kind of odd situation that arises that Shergroup Legal rise to the top and we do have options for you.  First, get your articles of association and check those.  They may contain a clause appointing the directors of the freeholder as attorneys of the seller so that they can sign the relevant stock transfer form to transfer the shares to you.  That’s the easy way.

If they don’t, and I appreciate this is a pain, you could ask the shareholders of the company if they would be willing to call an extraordinary meeting and vote for the articles to be amended so as to include the above clause. Provided it’s agreed (normally 75% of the shareholders need to agree) then this should resolve your problem.

I hope this helps but an additional piece of advice would be, to remember you need 75% of the shareholders to vote your way here…so big smile and first round at the bar for now, please!

Content Writer​

You Might Also Like


The following disclaimer applies to Shergroup Limited and its platform, Please read this notice carefully before accessing or using any information provided on our platform.

  1. No Legal Advice | The information presented on, including but not limited to articles, blog posts, FAQs, and other resources, is provided for general informational purposes only. It is not intended to be, and should not be considered, legal advice. The information provided does not create a solicitor/client relationship between Shergroup Limited and the user.
  2. Not a Substitute for Legal Advice | The information on should not be relied upon as a substitute for obtaining legal advice from a qualified professional. The application of laws and regulations can vary based on specific circumstances, and legal advice tailored to your particular situation is crucial. Therefore, we may refer you to a member of our partner firm -Shergroup Legal – on legal matters or encourage you to take your own legal advice from your preferred advisor.
  3. No Guarantee of Accuracy | While we strive to provide accurate and up-to-date information, Shergroup Limited does not guarantee the accuracy, completeness, or reliability of any information on The legal landscape is constantly evolving, and laws may vary across jurisdictions. Therefore, any reliance you place on the information provided is at your own risk.
  4. No Liability | Shergroup Limited, including its officers, employees, agents, and affiliates, shall not be held liable for any direct, indirect, incidental, consequential, or punitive damages arising out of your access to or use of or any information contained therein. This includes, but is not limited to, any errors or omissions in the content, or any actions taken or not taken based on the information provided.
  5. Third-Party Links | may contain links to third-party websites or resources. These links are provided solely for convenience and do not imply endorsement or responsibility for the content, accuracy, or legality of such websites or resources. Shergroup Limited shall not be liable for any damages or losses incurred as a result of accessing or using any third-party websites or resources.
  6. Changes to Disclaimer | Shergroup Limited reserves the right to modify or amend this disclaimer notice at any time without prior notice. Any changes will be effective immediately upon posting on It is your responsibility to review this notice periodically for updates.

By accessing or using, you acknowledge that you have read, understood, and agreed to this disclaimer notice. If you do not agree with any part of this notice, you should refrain from accessing or using

Last updated | 19 July 2023

Should you have any questions or concerns regarding this disclaimer notice, please contact us at [email protected]