Estate Agents

Valuers

Surveyors

 

Commercial Property Services

Leasehold

The Law of Property Act 1925 simplified the conveyancing process by creating two "estates" or interests in land. The freehold estate or "fee simple absolute in possession"

 
Commercial Services
Services A to F
Services G to P
Services Q to V

and the Leasehold estate, or "term of years certain".

Leasehold is therefore an estate in land which is held for a term certain, or on a periodic tenancy basis, for a length of time less than the landlord's interest.

A lease usually provides the tenant with exclusive possession of demised premises, for a definite period, in exchange for a payment in the form of rent or a premium.


- Christo & Co -
Commercial and Residential property specialists, estate agents, valuers and surveyors
in Kentish Town, Camden Town and throughout North & North West London

66-70 Parkway, London, NW1 7AH - Tel: 020 7482 1203 - Fax: 020 7482 4441
- Web: www.Christo.co.uk