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What does it mean if sales particulars state a flat as having a ‘share of freehold’?

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What does it mean if sales particulars state a flat as having a ‘share of freehold’?

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The term ‘share of freehold’ is used when the leaseholder of a flat also owns a share of the freehold interest in the building. Normally in such circumstances an individual lease of a flat is on preferable terms, such as a 999 year term at a peppercorn rent.

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