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Library Commonhold Regulations 2004 (S.I. No. 1829 of 2004).

Commonhold Regulations 2004 (S.I. No. 1829 of 2004).

Commonhold Regulations 2004 (S.I. No. 1829 of 2004).

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These Regulations, made under Part 1 of the Commonhold and Leasehold Reform Act 2002, make provision in England and Wales for land to be registered as a freehold estate in commonhold land. Part I of these Regulations contains general provisions. Part II contains provisions about the registration of a freehold estate in land as a freehold estate in commonhold land. Part III contains provisions which the commonhold community statement must contain when defining the extent of a commonhold unit; requires notice to be given to the Registrar when an amendment is made to a commonhold community statement redefining the extent of a commonhold unit over which there is a registered charge and requires the Registrar to alter the register to reflect the application of sections 24(4) or (5); and prescribes the conditions which must be met before a term of years absolute in the whole or part of a residential commonhold unit may be granted. Part IV specifies the requirements for the name of a commonhold association, makes provision for the form and content of the commonhold community statement and the memorandum and articles of association of a commonhold association and specifies the Forms to be used in accordance with the commonhold community statement of a commonhold. Part V contains provisions dealing with the operation of a commonhold, and in particular rights or duties arising from the commonhold community statement. Part VI makes provision for termination of a commonhold.

Implements: Commonhold And Leasehold Reform Act 2002 (Chapter 15). (2002-05-01)
Amended by: Commonhold (Amendment) Regulations 2009 (S.I. No. 2363 of 2009). (2009-08-27)

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