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DIFFERENCE BETWEEN LEASEHOLD AND FREEHOLD PROPERTY Leasehold and freehold are two types of property ownership commonly found in many countries, including the UK, US, and Australia. Freehold property is also known as fee simple ownership. It is the most common form of property ownership, where the owner has complete ownership and control over the land […]

DIFFERENCE BETWEEN LEASEHOLD AND FREEHOLD PROPERTY Leasehold and freehold are two common types of property ownership in real estate. The main difference between these two types of ownership is the length of time for which the owner has a legal right to the property. Freehold property ownership provides complete ownership of the land and the

DIFFERENCE BETWEEN LEASEHOLD AND FREEHOLD PROPERTY LEASEHOLD PROPERTY In a leasehold, the lease acts as a license for the lessor, in which the freeholder of the land and property grants right to use the property for a stipulated period of time. For this, the lessor is required to pay a price in the form of