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A freehold lease may refer to the lease of land that belongs to another person. Your question is confusing because a freehold estate is the right to the use and possession of land for an indefinite period and a leasehold estate is a lease of land that belongs to another.
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∙ 13y ago
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What is a freehold townhouse?
A freehold Townhouse is one in which you own the townhouse rather than lease it for a specified time. It can be passed on to future generations rather than reverting to the leaser upon your passing.
Does freehold mean the the whole property is for sale?
Yes you can purchase a property either Leasehold or Freehold. Leasehold you only own the right to use the property, such as a house rental and pay the landlord a rental. Freehold purchases mean that you entirely own the property and land.
Difference between leasehold property and freehold property?
You don't have to pay rent of property which is called annual ground rent, while in leasehold means, you lease the property from owner of property for several years. This is the contract on based of rules, legal rights and responsibilities from both parties.
What is the difference between lease and sublease?
A lease is were you are renting of the owner itself, a sub lease is were you would be renting a part of what somebody else already has.
What is the definition of a succeeding lease?
A succeeding lease is one that immediately follows the expiration date of the existing lease. In other words, if a person leases an office suite on a yearly basis, and continues to renew the release, it will become a succeeding lease, and go into effect the day after the expiration date on the original lease.
Is a lease estate a freehold estate?
No. A lease is a leasehold estate.
What is a freehold townhouse?
A freehold Townhouse is one in which you own the townhouse rather than lease it for a specified time. It can be passed on to future generations rather than reverting to the leaser upon your passing.
What is the difference between freehold borough and freehold township new jersey?
Freehold township is better
Can you change freehold to leasehold?
Yes, it is generally possible to change the ownership type from freehold to leasehold. This process typically involves selling the freehold property and then granting a lease to the new owner. However, it is essential to review the specific laws and regulations of the country or jurisdiction where the property is located, as the process may vary. Consulting a legal professional or real estate expert would also be helpful in navigating this conversion.
Where is the Freehold Public Library in Freehold located?
The address of the Freehold Public Library is: 28 1/2 E. Main Street, Freehold, 07728 2202
When was Farnham's Freehold written?
Farnham's Freehold was published in 1964.
What does it mean if a seller owns a freehold interest in a property and an under leasehold interest?
freehold n. any interest in real property which is a life estate or of uncertain or undetermined duration (having no stated end), as distinguished from a leasehold which may have declining value toward the end of a long-term lease (such as the 99-year variety).
Where did Bruce go to college?
Freehold Borough High School in Freehold, New Jersey.
What country is freehold in?
Well, country is spelled with a ¨u¨. And freehold is probably in Canada.
When was Freehold Public Library created?
Freehold Public Library was created in 1916.
When was Freehold Jewish Center created?
Freehold Jewish Center was created in 1911.
When was Freehold High School created?
Freehold High School was created in 1923.
