 James Driscoll provides an update on commonhold, addressing
some typical misconceptions.
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To date, the advent of commonhold looks like an anti-climax; there have hardly been any commonhold transactions and, apparently, the first one in the whole of southern England was only processed in August.
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 Justin Hopkins explains why commonhold is an increasingly viable form of land ownership
– in many cases the best option available – and why you need to be aware of it
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Commonhold has been up and
running since 27 September
2004. Unfortunately, it does
not appear to have had the
impact on new developments
envisaged.
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With all the publicity surrounding the introduction of commonhold, it is interesting to read the views of a Gazette correspondent who takes a decidedly downbeat view. He argues that commonhold will not take off in its present form for two reasons.
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One of the key benefits of a commonhold structure is that the burden of positive covenants can pass to the buyer of a unit on a commonhold estate.
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 While service charges in leases and commonhold assessments for commonhold bear superficial similarities, Gerald Sherriff of Lawrence Jones explains that there are in fact some stark differences.
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The new law of commonhold came into force on 27 September. Just how popular commonhold will prove to be remains to be seen.
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Commonhold - an alternative to long leasehold but not yet the panacea for multi occupied premises
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Development schemes which include communal shared facilities require careful
structuring. This is needed to ensure that unit holders not only benefit from,
but also contribute to the upkeep of, those facilities.
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 With the Commonhold and Leasehold Reform Act 2002 due to come into effect imminently, Denton Wilde Sapte’s Chris Baker and Katharine Fenn review its intricacies, and assess the Australian experience
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In our June issue17 we took another look at the new commonhold system, and considered the various ways in which it might suit commercial property developments.
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Kate Turnbull investigates the new commonhold system and asks whether it will suit commercial developments.
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 Following her earlier article discussing the benefits of commonhold for commercial developers, Susan Samuel of Pinsents highlights issues for lenders
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