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Property: What is the different between Leasehold and Freehold properties?

January 1st 2021
 

Ownership of leasehold property is determined by the Lease entered into between the Landlord and the Tenant.   It means that the freeholder owns the ground and sometimes the structural parts of the building and the tenant owns the internal parts of the relevant property but sometimes the tenant does have responsibilities regarding repair and maintenance.

For more FAQs see here

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