What is the development plan?

Oct 10, 2017 ... Freehold properties are preferred over strata lots because there is a lack of owner control within strata lots and come with greater owner obligations and ... May 6, 2020 ... Freehold land or property simply means the owner has full use and control. Also, the owner could own the land or property for an unlimited period of time. Mar 22, 2018 ... Owning a leasehold title means that you are leasing the land and buildings from the freeholder for a set period of time. Leases can be hundreds ... Sep 20, 2024 ... What does freehold mean? If you buy a property freehold, it means you completely own the property and the land it sits on, although your ... When an equal number of leaseholders own a share of the freehold (such as in a converted property with three flats, each occupied by an owner), a lack of formal ... an estate in land, inherited or held for life. ; noun. a form of tenure by which an estate is held in fee simple, fee tail, or for life. ; adjective. pertaining ... What does freehold tenure mean? A freehold structure is where the owner owns the house directly, including the land it is built on. Your name is in the land ... Aug 30, 2022 ... Freehold tenure means you have permanent and absolute ownership of your land or property with the freedom to do with it as you please. Jan 25, 2023 ... What does share of freehold mean? If you purchase a flat that has a 'share of freehold' it means that you will not only own your flat, but also ... Jun 22, 2023 ... Often the ground landlord is your local authority. If you own the freehold interest in a property, it means that you own the land and buildings.