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Pagina: What is a Leasehold Residential or Commercial Property?
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What is a Leasehold Residential or Commercial Property?
Winona Laroche ha modificato questa pagina 1 mese fa


When you buy a house, you normally purchase the residential or commercial property and have full, comprehensive ownership over the home and the land it sits on. While this isn't the most common kind of homeownership in the US, some metro real estate markets consist of houses for leasehold purchase.

Today, let's explore what a leasehold is, how leasehold ownership compares to freehold ownership, and the benefits and disadvantages of a leasehold residential or commercial property in information.
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What Is a Leasehold Residential or commercial property?

Simply put, a leasehold residential or commercial property is a personal residential or commercial property that you own for a specific amount of time without owning the land that it is built on. It's contrasted with freehold or charge simple ownership, which is a lot more typical in America

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