497. Commonhold.

The Commonhold and Leasehold Reform Act 2002 introduced a scheme for the ownership of freehold land called commonhold1. Land which is held as commonhold is divided into units whose freehold is owned by unit-holders, and those parts of the land which are not held as units are held as common parts owned by the commonhold association2. This association has responsibility both for managing the common parts and for enforcing rights and responsibilities between unit-holders