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Commonhold and Leasehold Reform Act 2002 (2002 c 15)

Enacted to address issues in property ownership, this legislation introduced commonhold tenure as an alternative to leasehold. It allows owners to own their flats and be members of a commonhold association, responsible for communal areas, simplifying property management and ownership. Additionally, the Act reformed leasehold laws to enhance tenants' rights, facilitating the right to manage properties and providing statutory grounds for leasehold enfranchisement. This legislation aimed to create fairer, more democratic property ownership structures and resolve inefficiencies and inequalities associated with traditional leasehold arrangements.

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½Û×ÓÊÓÆµ traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.

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Commonhold and Leasehold Reform Act 2002 (2002 c 15)

Enacted to address issues in property ownership, this legislation introduced commonhold tenure as an alternative to leasehold. It allows owners to own their flats and be members of a commonhold association, responsible for communal areas, simplifying property management and ownership. Additionally, the Act reformed leasehold laws to enhance tenants' rights, facilitating the right to manage properties and providing statutory grounds for leasehold enfranchisement. This legislation aimed to create fairer, more democratic property ownership structures and resolve inefficiencies and inequalities associated with traditional leasehold arrangements.

Quick and comprehensive access to the most accurate, up-to-date legislation.

½Û×ÓÊÓÆµ traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.

TAKE A FREE TRIAL

Commonhold and Leasehold Reform Act 2002 (2002 c 15)
88 . . . 89 . . . 104 . . .

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