1SThis schedule applies where—
(a)an area of land—
(i)is tenanted in common by the tenants of two or more registered leases by virtue of their tenancy under those leases,
(ii)is not tenanted in common by anyone else,
(b)those registered leases have lease title sheets.
Commencement Information
I1Sch. 1 para. 1 in force at 8.12.2014 by S.S.I. 2014/127, art. 2
2SThe Keeper may, if the Keeper considers it appropriate—
(a)where the area tenanted in common does not have a lease title sheet, make up such a title sheet and designate it as a “shared lease title sheet”,
(b)where that area is the subjects of a registered lease, make up (if necessary) a lease title sheet and designate it as a shared lease title sheet.
Commencement Information
I2Sch. 1 para. 2 in force at 8.12.2014 by S.S.I. 2014/127, art. 2
3SIn the following provisions of this schedule—
(a)references to a “shared lease” are to a lease the title sheet of which is designated under paragraph 2,
(b)references to the “sharing leases” are to the other leases the tenants of which are tenants in common of the shared lease.
Commencement Information
I3Sch. 1 para. 3 in force at 8.12.2014 by S.S.I. 2014/127, art. 2
4SUnless the context otherwise requires, any reference in a document to a sharing lease is to be taken to include a reference to the share in the shared lease which pertains to the sharing lease.
Commencement Information
I4Sch. 1 para. 4 in force at 8.12.2014 by S.S.I. 2014/127, art. 2
5SRegistration has the same effect in relation to a share in a shared lease which pertains to a sharing lease as it has in relation to the sharing lease (except in so far as may otherwise be provided in the deed registered).
Commencement Information
I5Sch. 1 para. 5 in force at 8.12.2014 by S.S.I. 2014/127, art. 2