Verkkopresent property law in england and wales effectively requires that flats be leasehold, although some leasehold flats are now sold with a share of the freehold, through.

A long leasehold contract (also known as a lease) allows a leaseholder (also known as the lessee or tenant) the exclusive possession.

If the property is a flat, usually you do not own the shared parts (like the hallway and stairs) or the.

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Verkkoif you own a leasehold property, you do not own the land it stands on.

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