Commentary

61 Liability of transferee of part

COMMONHOLD vol 8(1)
| Commentary

61 Liability of transferee of part

| Commentary

61 Liability of transferee of part

The transferee of part of a unit does not assume liability for any arrears of commonhold assessment or reserve fund levy in respect of the unit of which he has acquired part1. There is accordingly no need for protection by way of a commonhold unit information certificate such as is available on a transfer of whole2.

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