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Freeholders Commonhold

Commonhold is a new form of land tenure introduced by the Commonhold and Leasehold Reform Act 2002.
It is a way of owning flats or other structures which are built above or below each other as a freehold unit without the need to grant long leases.

A Commonhold company is set up which owns the freehold interest in the common parts and structure of the building and the unit holders own an interest in the company and also a commonhold unit in the property.

The legal relationship between the adjacent property owners is governed by the Commonhold Community Statement, which governs the legal obligations relating to maintenance and repair of the property. Whilst Commonhold was introduced by the Commonhold Leasehold Reform Act 2002, it has proved unpopular with developers and is not frequently encountered in practice.

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  • Thursday 15 April 2021

    Join us for a show you'll never forget, exclusively for ALEP members with multi-award winning magician Etienne Prad… https://t.co/VMHztul0Sw

  • Monday 12 April 2021

    RT @Piers__Harrison: In a collective claim the fact that the two interests currently are controlled by the same person may make the achieve…

  • Wednesday 7 April 2021

    RT @TConveyancer: ALEP Director warns that cladding crisis will not necessarily cut costs of enfranchisement | Today's Conveyancer #Propert…

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