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commonhold

British

/ ˈkɒmənˌhəʊld /

noun

a form of property tenure in which each flat in a multi-occupancy building is individually wholly owned and common areas are jointly owned

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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It also aims to make it easier for people to convert to commonhold, where people jointly own and take responsibility for their buildings without an expiring lease.

From BBC • May 26, 2026

Following the confirmation of leasehold reform in the King's Speech, the government has released details on when the new model of tenure, known as commonhold, will be introduced.

From BBC • May 13, 2026

It says the move to commonhold will give existing home owners unlimited control over their properties.

From BBC • Jan. 27, 2026

The commonhold model is widely used across the world.

From BBC • Jan. 27, 2026

Labour has promised to abolish leasehold altogether by the end of the Parliament and bring in a commonhold model.

From BBC • Jul. 14, 2025

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023