Commonhold and Leasehold Reform Act 2002 Explanatory Notes

Purchase price

Section 127: Freeholder’s share of marriage value

220.Section 127 amends paragraph 4(1) of Schedule 6 to the 1993 Act to provide that the freeholder’s share of marriage value should be 50% in all cases, rather than the greater of (a) such proportion as is agreed by the parties or determined by a LVT and (b) 50%.

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