Who are 'personal representatives' in the context of leasehold property?

Personal representatives are individuals appointed to manage the affairs of a deceased person, which includes handling their estate, such as leasehold properties. When a leaseholder passes away, their personal representatives take on vital responsibilities, ensuring that the deceased’s obligations are met, and their rights are exercised according to the lease agreement and relevant laws. This includes dealing with any leasehold agreements, managing ongoing payments, and potentially transferring the lease to beneficiaries or selling the leasehold property.

In this context, being a personal representative means that they have legal authority to act on behalf of the deceased, which is a key aspect of estate management. It is crucial for them to understand the lease terms and conditions to properly carry out their duties regarding the leasehold property, ensuring compliance with obligations such as ground rent and maintenance responsibilities. This role is essential in ensuring that the deceased’s interests and the terms of the lease are respected following their passing.