Regulation 3 Entitlement to require purchase of blighted dwelling-house
Where a dwelling-house is blighted and the circumstances specified in paragraph (2) below apply, the owner of the dwelling-house shall be entitled to require the responsible person to purchase his interest in it in accordance with regulation 4.
The circumstances referred to in paragraph (1) above are that—
the owner of the dwelling-house has made reasonable endeavours to sell his interest in it;
because the dwelling-house is blighted, the owner has been unable to sell his interest in it except at a price which is substantially lower than that for which it might reasonably have been expected to be sold if it was not blighted; and
the principal reason for the proposed sale is a change in the owner’s personal or family circumstances such as would be likely to cause any reasonable owner to decide to sell the owner’s interest in the dwelling-house.