Part 1: Leasehold houses Section 2: Long residential leases of a house
Section 2 sets out details of what constitutes a "long residential lease of a house".
	Subsection (1) details that a lease is a "long residential lease of a house" if at the time the lease is granted, conditions A to C are met.
	Subsection (2) sets out condition A as the lease has a long term (as detailed in Sections 3 and 4).
	Subsection (3) sets out condition B as the lease comprises of one house (see Section 5 for a definition of a house for this Part).
	Subsection (4) sets out condition C as the lease is a residential lease (see Section 6).