Point in time view as at 27/09/2004.
There are outstanding changes not yet made by the legislation.gov.uk editorial team to Commonhold and Leasehold Reform Act 2002. Any changes that have already been made by the team appear in the content and are referenced with annotations.
(1)A right or duty conferred or imposed—
(a)by a commonhold community statement, or
(b)in accordance with section 20,
shall affect a new unit-holder in the same way as it affected the former unit-holder.
(2)A former unit-holder shall not incur a liability or acquire a right—
(a)under or by virtue of the commonhold community statement, or
(b)by virtue of anything done in accordance with section 20.
(3)Subsection (2)—
(a)shall not be capable of being disapplied or varied by agreement, and
(b)is without prejudice to any liability or right incurred or acquired before a transfer takes effect.
(4)In this section—
“former unit-holder” means a person from whom a commonhold unit has been transferred (whether or not he has ceased to be the registered proprietor), and
“new unit-holder” means a person to whom a commonhold unit is transferred (whether or not he has yet become the registered proprietor).
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