EU referendum, brexit and the aftermath

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itsbruce in reply to @aggi

Freehold means you own the land. Leasehold means you rent the land.

No, it doesn't. It means you have property rights for a fixed period, which is not the same thing.

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Brommers in reply to @itsbruce

What the fixed period for the title to freehold land then?

As for leaseholds, a lease can either be a fixed term tenancy (technically 'a term of years') or it can be a periodic tenancy which automatically renews until terminated by a notice to quit, so a leasehold interest doesn't necessarily have a fixed period either, including a statutory periodic tenancy which comes into existence on the expiry of an assured tenancy.

So, what's this fixed period?

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Ramsaye in reply to @Brommers

I read Bruce’s comment as a fixed period of property rights applying to leasehold whereas freehold is ownership until all propert rights are stripped at the next revolution.

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