Topic: Difference between Freehold Leasehold in Property
Answers to Common Questions
UK property, what is the difference between freehold and leasehol...
Freehold means no ground (land) rental to an agency, leasehold means you pay a small fee each year to a 3rd party who has the ownership of the land registry. You can buy a leasehold out usually for a small amount. Read More »
Source: http://uk.answers.yahoo.com/question/index?qid=20080407015329AAEf...
What's the difference between leasehold and freehold property?
Leasehold means owning a percentage or part of the land or property. Freehold is when you own both the property and the land on which it is built. Read More »
Source: http://www.kgbanswers.co.uk/whats-the-difference-between-leasehol...
How does a leasehold differ from a freehold property from the per...
Simply put, owning a leasehold interest in a property differs from a freehold interest primarily because a leasehold owner owns property that is subject and subordinate to another party's superior interest, whereas a freehold owner owns the... Read More »
Source: http://www.quora.com/How-does-a-leasehold-differ-from-a-freehold-...
Answers to Other Common Questions
When you buy a property, you are only buying the bricks and mortar, not the land that it stands on. A Freehold is a property where the land is owned as well as what is built on it, a Leasehold means that you are "leasing" the land on which ... Read More »
Source: http://uk.answers.yahoo.com/question/index?qid=20060615003910AAIK...
Best Answer - Chosen by Asker: It is really tricky for a person with bad credit and who have no job to get loan as compared to does who have good credit rating and who is employed. But do not let this discourage you with the thinking that y... Read More »
Source: http://uk.answers.yahoo.com/question/index?qid=20100908054706AAwT...
Answer to Leasehold vs Freehold in Spain Freehold Vs. Leasehold When buying a property in Spain you have two options - to buy a Leasehold (Traspaso) or a Freehold property. The main difference between the two options is the initial investme... Read More »
Source: http://wiki.answers.com/Q/When_buying_property_in_Spain_what_is_t...
Leasehold properties: A property (plot/ built up) in which perpetual leasehold have been granted by the title paramount in favour of the lessee. The title paramount i.e. president of India in these kinds of properties acts through DDA, L & ... Read More »
Source: http://www.querycat.com/question/fb809516b8a18aa5de53e01567103ac8
Here in UK owning a freehold property means that the owner of said property owns it outright forever. Leasehold is quite different. A leasehold property is usually held for a fixed period of time, such as 25 years or however long the leaseh... Read More »
Source: http://uk.answers.yahoo.com/question/index?qid=20080719214757AAzH...
I think the answer is the same no matter what the type of premises is. Freehold means and absolute (or total) ownership. Leasehold means that ultimately (and this may be a very long time (e.g.999 years)) the ownership will revert to the Lan... Read More »
Source: http://www.answerbag.com/q_view/490929
A leashold is for a fixed period of time. A freehold is forever or until death (a life estate). In some common law jurisdictions a leashold for more than 99 years is considered a freehold. There are also technical differences in how leaseho... Read More »
Source: http://uk.answers.yahoo.com/question/index?qid=20070718115801AAga...
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