• What Is An Annual Rent Charge On Freehold Land

    By Guest on 17th Sep 2015

    what is an annual rent charge on freehold land

  • 2 Answers

    By Guest on 18/09/2015

    There are two types of rent charge in relation to freehold land. The original type was traditionally imposed where a person could not a foldable purchase price therefore the house owner would accept a smaller sum in return for an annual payment of rent. These types of rent charge can no longer be created but any that still exist are still valid. They are usually very small amounts because they were created so long ago. The other type is the estate maintenance charge which is in paused where there are some common areas of an estate which and maintained by a management company and they ensure that the residents that use the areas contribute towards the maintenance

  • By Guest on 21/09/2015

    Thank you

  • Post Your Answer


  • Do you want to be informed of further comments / replies? Yes No

Ask a Question

Search