Yes, you can sell a leasehold interest in leased land, but the terms depend on the lease agreement. Some leases may have restrictions on transferability or require landlord approval. It's important to review the lease terms and consult with legal or real estate professionals to ensure compliance and understand any potential implications.
platt amendment-by isabella hah
Land that is subject to a lease or land that can be leased
A land lease.
A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.
The owner can sell a house under a lease, but the buyer must either honor the terms of the lease or make an offer to get the tenant to break the lease.
It depends on the terms of the lease. The lease may terminate or the lease may "run with the land."
Where you sell an assets (usually land or a building) to a third party and then lease it back/ rent it, this technique is used by business to free up cash tied up in non-current assets but still retain use of those assests
The US has a perpetual lease on the land.
Ground leases offer many advantages to the landlord. A ground lease will usually involve construction or improvements that will be profitable to the landlord. Since the landlord maintains ownership of the land, the landlord can sell the land for a much higher value or pass on the appreciated value of the land to his heirs. There is also a positive advantage of ground lease for tenants. A ground lease allows the tenant ready use of the land avoiding blocking of huge money in a large land purchase. Leasing the land will facilitate the tenant to use funds for more productive expenses.
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.
If you are involved in a legally drawn and binding land lease contract, you cannot terminate it except by mutual consent of both you and the person to whom you granted the lease.
Yes u definitely can sell land after conversion from Agriculture to commercial by Urban Improvement Trust and given on 99 years lease...only the registry will have to be done again in the registrar's office..and the registry fees has to be paid...and the lease will be transferred to the buyer under his(buyer's) name.