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Commonhold

Commonhold: The New Law

Commonhold The New Law

Author: David Clarke
Publisher: LexisNexis U.K.
ISBN: 9780853087748
Published In: September 2002
Format: Paperback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

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Introduces the essential principles of Part I of the Commonhold and Leasehold Reform Act 2002 and provides property practitioners with commentary on property ownership

Part I of the Commonhold and Leasehold Reform Act 2002 introduces a new form of freehold ownership of units for multi-occupied property, both residential and commercial, and suitable whenever there are to be shared facilities in a community of freeholders. This legislation is one of the most significant reforms for residential and commercial property since 1925. Every professional involved in property work needs to have a clear understanding of this new development.

Commonhold: The New Law is an introduction to the essential principles of the new legislation and addresses the immediate questions raised by this new Act, providing property practitioners with commentary on this new method of property ownership. It covers everything you need to know now in order to gain an understanding of the principles and policy to advise clients thinking about commonhold development.

Commonhold - The Rationale
The Nature of Commonhold
Creating and Registering a Commonhold
The Commonhold Association
The Commonhold Community Statement
The Commonhold Unit and Unit-Holders
Common Parts and Limited Use Areas
Development Rights
Buing a Commonhold Unit
Operation and Management of The Commonhold
Dispute Resolution
Termination of a Commonhold
Commonhold - A Preliminary Assessment

Appendices

Draft Memornadum and Articles of Association for a Commonhold Association
Draft Commonhold Community Statement For a Commonhold Association
Extracts from the Commonhold and Leasehold Reform Act 2002, Part 1

David Clarke, Professor of Law, University of Bristol; Solicitor and former member of the Commonhold Consultation Working Group

"excellent introductory text on commonhold ... an essential purchase for property practitioners"
The Conveyancer

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