Podcast Location:
Download it here [file size: 18.6 MB]
Categories:
Residential Property
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This podcast serves to outline the appropriate procedural considerations when looking to establish a commonhold but with and without incumbent unit holders. It then goes on to analyse the differences between leasehold and commonhold with regard to management consideration and and disputes that arise between unit holders or between unit holders and the commonhold association.

Outcomes:
After completing the course you will:
  • Understand the process for registering a commonhold both with and without unit holders;
  • Know the process for dealing with incumbent long leaseholders when establishing a commonhold;
  • Appreciate the major points of comparison between managing a leasehold and commonhold;
  • Know the basic dispute resolution procedures for commonhold unit holders;
  • Have a basic understanding of the consequences of insolvency and termination of the commonhold structure for unit holders.
Level:
Beginner Difficulty: 1 of 5
Classification:
Introduction
Procedural
Sources and References:
  • Commonhold and Leasehold Reform Act 2002;
  • Commonhold Regulations 2004 (SI 2004 no 1829).
Tags:

This podcast, the second of a two part series, looks again at the right to hold property in a commonhold arrangement. In this part, attention is given to the establishment and acquisition of units in a commonhold, the implications of collective ownership on management, dispute resolution and termination.

Podcast last reviewed: 2011-06-28

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