free hold and lease hold

what is free hold and lease hold
Replies (1)
Leasehold: Method of owning property (usually a flat) for a fixed term but not the land on which it stands. ... When the lease expires, ownership of the property reverts back to the freeholder. Nearly all flats in London are leasehold. Freehold: Outright ownership of the property and land on which it stands

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register