The unit-holder of a commonhold unit1 has owner's powers2 to charge the whole interest in the unit; a charge cannot be created over part only of an interest in such a unit3 and an instrument or agreement is of no effect to the extent that it purports to create such a charge4.
A legal mortgage5 can be created over the common parts of a commonhold
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This Practice Note examines why parties involved in a construction project may enter into an escrow agreement (or escrow deed) to set up an escrow account. It looks at the benefits of paying funds into escrow, how an escrow account operates and the provisions typically found in an escrow
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This Practice Note considers the doctrine of forum non conveniens, also referred to as the appropriate forum or the proper place for a dispute to be determined. This doctrine is of relevance when determining whether the courts of England and Wales have jurisdiction to hear a dispute and is applied
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