Tenant management organisation
Encyclopedia
Tenant Management Organisations (TMOs) are organisations set up under United Kingdom law which allow residents of council housing or housing association
homes in the United Kingdom can take over responsibility of the running of their homes. .
and, typically, elect a management committee to run the body. This body then enters into a formal legal contract with the landlord of the home, known as the management agreement.
The Management Agreement will detail precisely which services are managed by the TMO on behalf of the landlord. The extent of the devolution in service can vary enormously, particularly between small and large TMOs, but may typically include day-to-day repairs, allocations and lettings, tenancy management, cleaning and caretaking, and rent collection. The TMO's operations are mainly funded by the management fees payable by the landlord under the agreement.
The TMO can take a number of legal forms. Registered TMOs may be a co-operative, or set up under corporate law
.
Housing association
Housing associations in the United Kingdom are independent not-for-profit bodies that provide low-cost "social housing" for people in housing need. Any trading surplus is used to maintain existing homes and to help finance new ones...
homes in the United Kingdom can take over responsibility of the running of their homes. .
Structure & operation
A TMO is created when residents in a defined area of council or housing association homes create a body separate legal identityLegal personality
Legal personality is the characteristic of a non-human entity regarded by law to have the status of a person....
and, typically, elect a management committee to run the body. This body then enters into a formal legal contract with the landlord of the home, known as the management agreement.
The Management Agreement will detail precisely which services are managed by the TMO on behalf of the landlord. The extent of the devolution in service can vary enormously, particularly between small and large TMOs, but may typically include day-to-day repairs, allocations and lettings, tenancy management, cleaning and caretaking, and rent collection. The TMO's operations are mainly funded by the management fees payable by the landlord under the agreement.
The TMO can take a number of legal forms. Registered TMOs may be a co-operative, or set up under corporate law
Corporate law
Corporate law is the study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community and the environment interact with one another. Corporate law is a part of a broader companies law...
.
Examples of Tenant Management Organisations in England
- Kensington and Chelsea TMOKensington and Chelsea TMOKensington and Chelsea TMO is the largest Tenant management organisation in England, running nearly 10,000 properties on behalf of the Royal Borough of Kensington and Chelsea - the entire council housing stock....
- Leathermarket JMB
- Bloomsbury EMBBloomsbury EMBBloomsbury EMB is a Tenant management organisation in England, running 659 social housing properties on behalf of Birmingham City Council.-Background:...