Introduction What is commonhold Why commonhold has been introduced Essential Documents Structure New Developments - Transitional period Leasehold conversions

Freehold conversions Termination Amendments or additions Registration at Land Registry - Forms and Fees - Supporting documents Consents Approval of the commonhold plan

Preliminary services items - Searches of index maps (SIMs) - Official copies & searches - Outline applications Summary Glossary

Termination

Formal termination

Formal termination of a commonhold is regulated by the Act, which sets out very specific provisions for when it can occur. Briefly, a commonhold can be terminated by either:

• voluntary winding up where the members of a commonhold vote by a resolution to wind up the commonhold (ss.43-49 of the Act)
• winding up by the Court with or without a succession order where the commonhold association has become insolvent (ss.50-54 of the Act), or
• a court order under s.55 of the Act.

Other ways the commonhold can come to an end

A commonhold can also come to an end other than by formal termination – for example . S.6 of the Act allows for the Court to grant a declaration that the freehold estate should not have been registered as a freehold estate in commonhold land.

More information about termination and other ways a commonhold can come to an end can be found in Land Registry Practice Guide 60 - Commonhold.

The next page looks at how the structure documents can be changed and how additional land can be added to the commonhold.