Commentary

12.9 Majority control

COMMONHOLD vol 8(1)
| Commentary

12.9 Majority control

| Commentary

12.9 Majority control

To a large extent the majority of unit-holders is in control of the commonhold. It can appoint the directors of the commonhold association and can (subject to safeguards in particular areas) amend the commonhold community statement1. A majority of unit-holders may even be able to bring the commonhold to an end (again subject to statutory safeguards)2.

The advantages of flexibility come at the expense of unanimity, and individual unit-holders may find that the terms of the commonhold community statement, which regulate their relationship with other unit-holders and with the commonhold association, have altered

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