“The original developer set up a company to aid the build and sale of the units, then dissolved it as is standard,” Peter said. “Due to some mistake or balls-up, the freehold did not go to the residents’ management firm.
“The land then formally became ownerless because the [developer’s] firm had been liquidated and the title hadn’t been passed.
“This means the residents’ company cannot get a loan to fix the work.” King Charles’ Crown Estate owns the building since 22 November, 2017;
no owner has been established. Under a scheme known as escheat, the building was immediately turned over to the Crown.
Ownerless land is therefore handed to the sovereign as ‘lord supreme of all the land in the realm’. The Crown cannot mend the leaking roof as they cannot apply “act of management,
