Commentary

114.3 Right to carry on development business

COMMONHOLD vol 8(1)
| Commentary

114.3 Right to carry on development business

| Commentary

114.3 Right to carry on development business

The rights contained in the commonhold community statement must be ‘designed’ to permit the developer to carry on development business or to facilitate his carrying on development business. The developer’s rights in this respect are limited by regulations as follows:

  1. 114.3.1

        the developer must not unreasonably interfere with a unit-holder’s enjoyment of the freehold estate in his unit or the exercise by any unit-holder or tenant of a unit of his rights under the commonhold community statement;

  2. 114.3.2

        the developer may not remove land from the commonhold that has been transferred to a

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial