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In the years since the 2002 Act became law, only a handful of commonholds have been registered, whilst hundreds of thousands of long leases have been granted during the same period. As of 3 June 2009, there were 12 commonhold residential developments comprising 97 units (homes) in
England and one
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An important difference between commonholds and leaseholds (leases) is that a commonhold is indefinite in time, unlike a leasehold which is only granted for a fixed period of time (the term). As a consequence, a commonhold title is not a
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commonhold residential development comprising 30 units (homes) in Wales. By 2020, this number had not risen significantly—with under 20 developments using commonhold.
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van der Merwe, Cornie; Smith, Peter (2005). "Commonhold—A Critical
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which force their owners to contribute to communal maintenance, such as in
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asset, whereas leaseholds lose value as the end of their term (
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tenure of part of a multi-occupancy building (typically a
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Property ownership arrangement in
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188:"Brief encounter: commonhold property"
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