Tags » Lease Extension
As with so many things the answer is may be!
Many Freeholds are owned by a Company in which the tenants hold the shares.
When the Company was set up to buy the freehold often the tenants will grant new long leases as part of the purchase process and have their articles of association changed to set out their entitlement to leases. 107 more words
The high cost of buying a house in London is the main reason why most residents are actually just leasing out a property. Leasing is not that bad as an option because it will also give you the feeling of having your own home for longer years as well as because of some leaseholders’ rights to get lease extension in London or to pursue collective enfranchisement. 249 more words
By Sabina Mollot
Stuyvesant Town’s Associated Supermarket will be getting a lease extension, the property’s management said on Friday, although it isn’t clear how long this arrangement will last. 438 more words