Welcome to The Briercliffe Society Forum

The forum is free to join and you do not need to be a member of the society. You will receive an email to activate your account before you will be able to log in. Please check spam filters and junk mail folders for this email.
It is currently Thu Mar 28, 2024 8:41 pm

All times are UTC [ DST ]




Post new topic Reply to topic  [ 2 posts ] 
Author Message
 Post subject: Leasehold
PostPosted: Fri Apr 17, 2009 3:05 pm 
Spider Lady
User avatar

Joined: Thu Mar 01, 2007 9:23 pm
Posts: 8183
Location: Staffordshire
Leasehold is a form of property tenure where one party buys the right to occupy land or a building for a given length of time. As lease is a legal estate, leasehold estate can be bought and sold on the open market and differs from a tenancy where a property is let on a periodic basis such as weekly or monthly. Until the end of the lease period (often measured in decades; a 99 year lease is quite common) the leaseholder has the right to remain in occupation as an assured tenant paying an agreed rent to the owner. Terms of the agreement are contained in a lease, which has elements of contract and property law intertwined.

http://en.wikipedia.org/wiki/Leasehold_estate

_________________
Mel

Searching for lost relatives? Win the Lottery!


Top
 Profile  
Reply with quote  
 Post subject: Re: Leasehold
PostPosted: Mon Apr 20, 2009 1:27 am 

Joined: Tue Mar 20, 2007 1:27 am
Posts: 270
Location: Canada
Three-life leases were common in the north of England, and I have come across this in a will of my Chadwick family of 1786. The leaseholder named three persons, usually family members, but not necessarily of different generations, and the first named would take over the lease at the leaseholder's death. Another name would then be added to the remaining two 'lives.'

Joan


Top
 Profile  
Reply with quote  
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 2 posts ] 

All times are UTC [ DST ]


Who is online

Users browsing this forum: No registered users and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Powered by phpBB® Forum Software © phpBB Group