B
Brumel
Guest
Hi all,
I recently inherited a commercial retail unit in a shopping and residential complex, written into the headlease it says the property lease is for 500 years. Could anybody advise what happens to the property after the 500 years?
Is it possible to change this to freehold, and what does that entail?
Thanks in advance.
I recently inherited a commercial retail unit in a shopping and residential complex, written into the headlease it says the property lease is for 500 years. Could anybody advise what happens to the property after the 500 years?
Is it possible to change this to freehold, and what does that entail?
Thanks in advance.