Leasehold vs Freehold. WHAT YOU NEED TO KNOW and tips when buying leasehold property – PART 1 of 2

Leasehold vs Freehold. WHAT YOU NEED TO KNOW and tips when buying leasehold property – PART 1 of 2

WHAT IS A LEASEHOLD? As the name suggest, the leasehold implies that the Purchaser of a leasehold is buying into the terms of an agreement between the Landlord (e.g. City of Vancouver) and the Lessee (e.g. the “Purchaser”). This “Ground Lease” or “Head Lease” contains all the required information that you as a purchaser would […]

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