1Commonhold land
(1)Land is commonhold land if—
(a)the freehold estate in the land is registered as a freehold estate in commonhold land,
(b)the land is specified in the memorandum of association of a commonhold association as the land in relation to which the association is to exercise functions, and
(c)a commonhold community statement makes provision for rights and duties of the commonhold association and unit-holders (whether or not the statement has come into force).
(2)In this Part a reference to a commonhold is a reference to land in relation to which a commonhold association exercises functions.
(3)In this Part—
“commonhold association” has the meaning given by section 34,
“commonhold community statement” has the meaning given by section 31,
“commonhold unit” has the meaning given by section 11,
“common parts” has the meaning given by section 25, and
“unit-holder” has the meaning given by sections 12 and 13.
(4)Sections 7 and 9 make provision for the vesting in the commonhold association of the fee simple in possession in the common parts of a commonhold.