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USA is one "But these buildings have an even lesser-known sibling in the world of condominiums, known as leasehold condos. In this scenario, condo owners get a
by iso1631 4y ago
USA is one
"But these buildings have an even lesser-known sibling in the world of condominiums, known as leasehold condos. In this scenario, condo owners get an actual deed and therefore own their property, even though the building is technically under lease to a larger ownership entity, to which it pays rent."
https://www.brickunderground.com/buy/what-is-a-leasehold-condo https://www.brickunderground.com/buy/what-is-a-leasehold-con...