Can freeholder refuse to sell freehold?

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Can freeholder refuse to sell freehold?

Can a freeholder refuse to sell the freehold? A freeholder can only refuse to sell the freehold if the qualifying requirements are not met. For example, leaseholders may ask if you will sell the freehold to them even if more than 50% of the leaseholders do not wish to participate.

Q. Why is it called a carriage house?

A carriage house, also called a remise or coach house, is an outbuilding which was originally built to house horse-drawn carriages and the related tack. In Great Britain the farm building was called a cart shed.

Q. What is flying freehold indemnity insurance?

The Flying/Creeping Freehold indemnity policy has been specifically designed for the situation where part of your residential and/or commercial freehold property (not being a freehold flat or maisonette) extends over or under adjoining premises and you are unable to enforce necessary repairs to such adjoining premises …

Q. What is a creeping freehold?

A creeping freehold is where, for example a basement or cellar belonging to one freehold underlies a different freehold at ground level. Works may be impossible without the consent of the freeholder above if any works could affect it, or need access to it.

Q. What is flying freehold in Jersey?

February 2010. Purchasing flying freehold property in. Jersey. When you buy a unit in a property by flying freehold, the land and buildings are owned by an association which is governed by a declaration of co-ownership. Sometimes, there are further regulations made by the co-owners under a power in the declaration.

Q. What is Feuhold?

In Scotland, we historically had our own form of property tenure called ‘feuhold‘. … Now nearly all property is held under a tenure known as ‘Outright or Absolute Ownership’, including apartments and tenements. This is comparable to ‘Freehold’.

Q. Why is there no leasehold in Scotland?

This is because in Scotland, residential properties owned by individuals are owned under freehold, not under leasehold. Leasehold means that someone owns the property, but that the land upon which the property is built is owned by the freeholder.

Q. What is a commonhold property?

Commonhold is a system of property ownership in England and Wales. It involves the indefinite freehold tenure of part of a multi-occupancy building (typically a flat) with shared ownership of and responsibility for common areas and services.

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