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Regulation 27 Exception for portfolios of properties

Original text. Later amendments are not shown.

(1)

Subject to paragraph (2), the duties under sections 155 to 159 of the 2004 Act do not apply in relation to a property where—

(a)

the dwelling-house which is or forms part of that property is to be sold with one or more other dwelling-houses;

(b)

the dwelling-houses mentioned in sub-paragraph (a) are not dwelling-houses to which Part 5 of the 2004 Act applies by virtue of section 171(2) of that Act;

(c)

at the time the first point of marketing would have otherwise occurred, the seller does not intend to accept an offer to buy any one of those dwelling-houses in isolation from another; and

(d)

it is clear that he would not do so from the manner in which the dwelling-houses are marketed.

(2)

Paragraph (1) does not apply to one or more dwelling-houses which are ancillary to a principal dwelling-house.