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Same in UK. You just take a leasehold for 100 years from queen, you don't own it.
by mirekrusin 10y ago
Same in UK. You just take a leasehold for 100 years from queen, you don't own it.
- bananabm 10y agoi don't think that's strictly true - while you're correct that i [as a homeowner, specifically a freeholder] don't own the land, but i own (i think) a title to this plot of land, it's not a 100 year lease - I "own" this land for an unlimited period and i don't need to renew anything ever. not to be confused with leasehold properties (eg flats) where you have a lease, typically ~100 yrs, to the freeholder (who owns the block of flats), that you have to renew.