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Lia Loans > Ownership Of Land (Chapter 2) > Flashcards

Ownership Of Land (Chapter 2) Flashcards

1
Q
  • You own the property and the land on which it stands
  • FULLY OWNING PROPERTY, ABSOLUTE OWNERSHIP

Answer:… …

A

Freehold estate

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2
Q

Land and any building revert to Freeholder on expiry of lease

Renting

Granted a lease to another person for a term of years
Answer:…

A

Leasehold

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Lia Loans (8 decks)

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