Lend tenure and the system that England loves!

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FLEKTARN
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Lend tenure and the system that England loves!

Post by FLEKTARN » Thu Nov 22, 2018 6:48 am

What is land tenure? It's when a land is owned by an individual, who is said to "hold" the land.

Benefits of having a freehold: you don’t worry about a lease running out, as you own the property outright + you don't pay ground rent.

With leasehold: when the lease ends, ownership returns to the freeholder unless you extend. Your children won't inherit your house.

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The one that says the least can often have a very different perspective and hold the answer. The least qualified person may hold the most wisdom. When you don’t have knowledge or experience blocking your perspective, you can see problems and solutions.

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