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leasehold

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Crucial Differences between Freehold & Leasehold Property

The main difference between freehold property and leasehold property is the land ownership and control of the property. With your property, as an owner you have all rights to whatever you wish by following the local regulations. In the case of leasehold property, the ownership is provided by the government for a tenure of 99 […]

Supriya Mogarala

Vandalur

Freehold vs Leasehold

It is imperative for aspirant property buyers to familiarize themselves with the numerous aspects related to ownership of property, before they start searching for a property to purchase. Essentially, there are two basic types of ownership, leasehold and freehold. As per Sumit Jain, CEO of a real-estate portal CommonFloor.com, “A property is neither freehold nor […]

CommonFloor Editorial Team

Freehold better than leasehold?

The terms ‘Freehold’ and ‘Leasehold’ are important legal terms used in connection with land property. Each has its own advantages and disadvantages. Understanding the difference between leasehold and freehold is one of the problems people come across when buying a residential property. Most of the property in India is freehold and transferred by registration of sale […]

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