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What is the difference between Cross Lease and Fee Simple?
The formal name for a cross lease is a Composite Leasehold and Share Title. In a common example, two flats on one section, each Title comprises a leasehold of one flat and an undivided share of the freehold section that both flats occupy. A consequence of this, is a requirement to obtain your neighbours consent if you wish to alter or extend your flat, as you will be doing so on land that your neighbours own a half share in. With a fee simple or freehold property, you own all the land and buildings erected on it.
我的首选是freehold, 之后是crosslease, 绝对不碰leasehold.
还有看房子没有tick all the boxes,大概满足就好了,我有个朋友就是太挑剔,错过了买房的最好时机,现在房价都回升了。 |
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