Commentary

115 Development rights during the transitional period

COMMONHOLD vol 8(1)
| Commentary

115 Development rights during the transitional period

| Commentary

115 Development rights during the transitional period

During the transitional period the rights and duties conferred and imposed by the commonhold community statement are not in force1. Development rights are rights conferred on the developer by the commonhold community statement2, and it should follow that development rights are not in force during the transitional period. Yet, contrary to this literal reading of the legislation, the regulations made under the Commonhold and Leasehold Reform Act 2002 contemplate that a developer, where given the right in the commonhold community statement to appoint and remove directors, may exercise this right during the transitional

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