Commentary

15 The position of commonholders: comparison with freehold schemes

COMMONHOLD vol 8(1)
| Commentary

15 The position of commonholders: comparison with freehold schemes

| Commentary

15 The position of commonholders: comparison with freehold schemes1

Until the introduction of commonhold various types of development would be carried out on a freehold basis.

An obvious example is a development of houses intended for sale. Houses developed for sale were invariably sold on a freehold basis, even where there was a significant sharing of services or common parts2. Units on a business park were also often sold on a freehold basis, though not of course where the developer wished to retain or sell on the freehold as an investment. Units on a business park frequently share services such as

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