Authorised HIP contents – commonholds
This Fact sheet is up to date at January 2009
The contents of the HIP, both compulsory (Required) and voluntary (Authorised), are set out in the regulations contained in Statutory Instrument 2007 No 1667 as varied by a number of amending statutory instruments.
For a commonhold property, there are further Authorised documents in addition to those Authorised for all properties (see Fact sheet 5).
These are:
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The commonhold community statement (CCS)
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Rights or obligations under the CCS and whether these have been complied with
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Any information about the commonhold association that could affect the buyer’s relationship with it
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Any information about the agent or manager of the commonhold association or the property that could affect the buyer’s relationship with them
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Information about membership of the commonhold association
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Status or memorandum and articles of any entity related to the management of the building in which the flat is
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Any commonhold assessment for the property and whether payments are up to date
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Any reserve fund levy for the property or the commonhold and whether payments are up to date
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Any planned or recent works to the property or commonhold
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Any lease, licence or tenancy affecting the property
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Responsibility for insuring the property or commonhold, the terms of such insurance and whether payments are up to date
A seller can provide a buyer with other documents relating to the property in addition to ‘Required’ and ‘Authorised’ ones. It must be made clear however that these additional documents, given ‘in close proximity’ as they are referred to in the legislation, are not part of the HIP.
These will be documents and/or information that any buyer will want to know about a commonhold property. If they are not provided in the pack the buyer’s solicitors will call for them after an offer has been made. Progress to exchange of contracts could be delayed if they are not available.