Archive for May, 2013


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WHEN IS A LEASE NOT A LEASE?


By Jonathan Smithers
| 16 May 2013

Solicitors always like to quote Acts of Parliament, so I will start with one of my favourites, the Law of Property Act 1925. This legislation helped to reform and simplify land ownership – into freehold and leasehold. With freehold, you own the land, with leasehold your ownership is limited to ‘a term of years absolute’. For every Lease there will also be a freeholder, who owns the land sub

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