Regulation 10 Creation of interests

the whole or part of a commonhold unit, which at the first point of marketing has not been registered by the Chief Land Registrar as a freehold estate in commonhold land; or

a leasehold property interest, which at the first point of marketing has not yet been created,

the sale statement must be completed as if the freehold estate had been registered by the Chief Land Registrar;

regulations 8(c), 8(d) and 9(f) apply as if for “is or includes” in each paragraph, there were substituted “to be registered as a freehold estate in commonhold land arises from”;

paragraphs 1 and 2 of Schedule 3 do not apply;

regulation 9(g) and paragraph 3 of Schedule 3 must be construed by reference to the information expected to be relevant to the interest to be registered as a freehold estate in commonhold land; and

the home information pack must include documents consisting of or containing information which relates to the matters described in paragraph 4 of Schedule 3.

the sale statement must be completed as if the leasehold interest had been created;

regulations 8(c), 8(d) and 9(f) apply as if for “is or includes” in each paragraph, there were substituted “is to be created from”;

paragraphs 1 and 2 of Schedule 4 do not apply;

regulation 9(h) and paragraph 3 of Schedule 4 must be construed by reference to the information expected to be relevant to the interest to be created; and

the home information pack must include documents consisting of or containing information which relates to the matters described in paragraph 4 of Schedule 4.