Commentary

57.3 Membership rights

COMMONHOLD vol 8(1)
COMMONHOLD vol 8(1) | Commentary

57.3 Membership rights

COMMONHOLD vol 8(1) | Commentary

57.3 Membership rights

The seller will remain a member of the commonhold association until completion of the transfer1. The contract may therefore provide that he will not consent to any amendment of the commonhold community statement without the buyer’s consent; that he will send to the buyer copies of any notices he receives from the commonhold association; and that he will during the period between contract and completion exercise his voting rights in accordance with the directions of the buyer, or that he will consult the buyer about the exercise of voting rights. Provision may also be made

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