Leasehold vs Freehold property | Pros and Cons
The owner of a $2.1 million Auckland house has abandoned her property, after leasehold payments skyrocketed from $8,300 a year to more than $70,000....
13 July, 2013
The owner of a $2.1 million Auckland house has abandoned her property, after leasehold payments skyrocketed from $8,300 a year to more than $70,000....
Leasehold is a form of property ownership whereby you own the buildings and any other improvements on the site, but you lease or rent the land from a land owner. ...