Companies Act 2006: Primary legislation governing the formation and operation of limited companies in England and Wales, which would be the closest equivalent to an LLC structure
Limited Liability Partnerships Act 2000: Alternative legislation governing LLPs, which could be considered as an alternative structure for shared property ownership
Law of Property Act 1925: Fundamental property law legislation governing real estate ownership and transactions in England and Wales
Landlord and Tenant Act 1985: Legislation governing the relationship between property owners and tenants, relevant if the vacation home is ever leased out
Housing Act 2004: Legislation covering various aspects of property management and standards for residential properties
Commonhold and Leasehold Reform Act 2002: Legislation governing commonhold and leasehold property ownership structures
Trusts of Land and Appointment of Trustees Act 1996: Legislation governing how land is held in trust and managed by trustees, relevant for shared ownership arrangements
Finance Acts: Tax legislation affecting property ownership, including capital gains tax, inheritance tax, and income tax implications
Local Planning Laws: Regional and local regulations governing property use, modifications, and development
Health and Safety Regulations: Legal requirements for ensuring the safety of occupants in residential properties
Fire Safety Regulations: Specific requirements for fire safety measures in residential properties
Short-term Letting Regulations: Local and national rules governing short-term rentals and holiday lets if the property is ever rented out
