Subjects:

Landlord and Tenant Law

Contents:

Principles - definition and rationale

nature of commonhold

the commonhold unit

the commonhold association

the commonhold community statement

creating and registering commonhold

purchasing a commonhold unit

operation of a commonhold

resolution of disputes

termination.

The Commonhold and Leasehold Reform Act 2001 will introduce a new form of freehold ownership of units in multi-occupied property, both residential and commercial. This legislation will result in the most significant reforms of residential and commercial property law since 1925 and every professional involved in property work should have a clear understanding of this new development.

This work addresses the immediate questions raised by this new Act, providing property practitioners with commentary on this new method of property ownership.