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Commonhold and Leasehold Reform Act 2002, Section 118 is up to date with all changes known to be in force on or before 15 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)Section 10 of the 1993 Act (premises with a resident landlord) is amended as follows.
(2)For subsection (1) (requirements that premises not be or form part of purpose-built block of flats and that they have been occupied for at least twelve months as only or principal home of owner of freehold or a family member) substitute—
“(1)For the purposes of this Chapter any premises falling within section 3(1) are premises with a resident landlord at any time if—
(a)the premises are not, and do not form part of, a purpose-built block of flats;
(b)the same person has owned the freehold of the premises since before the conversion of the premises into two or more flats or other units; and
(c)he, or an adult member of his family, has occupied a flat or other unit contained in the premises as his only or principal home throughout the period of twelve months ending with that time.”
(3)For subsection (4) (premises held on trust) substitute—
“(4)Where the freehold of any premises is held on trust, subsection (1) applies as if—
(a)the requirement in paragraph (b) were that the same person has had an interest under the trust (whether or not also a trustee) since before the conversion of the premises, and
(b)paragraph (c) referred to him or an adult member of his family.”
Commencement Information
I1S. 118 wholly in force at 1.1.2003; s. 118 not in force at Royal Assent, see s. 181(1); s. 118 in force at 26.7.2002 for E. by S.I. 2002/1912, art. 2(b)(i) (subject to transitional provisions and savings in Sch, 2); s. 118 in force at 1.1.2003 for W. by S.I. 2002/3012, art. 2(b)(i) (subject to transitional provisions and savings in Sch. 2)
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