Leasehold Investments and Other Rent Sharing Arrangements
The ownership of property is concerned with having control over a legal interest. In an historical context the Crown owns all land. However, the owner of a freehold interest is inherently the absolute owner although technically a tenant of the Crown. The Law of Property Act 1925 defines a freehold interest as the ‘Fee simple absolute in possession’. Thus a freeholder may have physical possession and/or be entitled to the receipts of all income from that land.
KeywordsIncome Assure Straw Milton
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References and Further Reading
- Morgan, P.H. and Nott, S.M., ‘Partnerships with Local Authorities — Some Hidden Problems’, Estates Gazette, vol. 264, 27 November 1982, pp. 787–9.Google Scholar
- Ratcliffe, J., ‘Appraisal and Financial Partnership’, Estates Gazette, vol. 250, 2 June 1979, pp. 841–5.Google Scholar
- Stapleton, T., Estate Management Practise (Estates Gazette Ltd, 1981).Google Scholar
- Anon, ‘Development Finance and Sale-and-Leaseback’, Estates Gazette, vol. 264, 2 October 1982, pp. 63–4.Google Scholar