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  2. Leasehold estate - Wikipedia

    en.wikipedia.org/wiki/Leasehold_estate

    Common areas under landlord's control (e.g. hallways in an apartment building), if the landlord failed to maintain them to a reasonable standard or otherwise was negligent in their management. Injury resulting from landlord's negligent repairs, whatever the cause. Use by the general public, if the following three factors exist:

  3. Freehold (law) - Wikipedia

    en.wikipedia.org/wiki/Freehold_(law)

    If the time of ownership can be fixed and determined, it cannot be a freehold. It is "An estate in land held in fee simple, fee tail or for term of life." [4] The default position subset is the perpetual freehold, which is "an estate given to a grantee for life, and then successively to the grantee's heirs for life." [4]

  4. Ground rent - Wikipedia

    en.wikipedia.org/wiki/Ground_rent

    In this sense, a ground rent is created when a freehold piece of land is sold on a long lease or leases. [1] The ground rent provides an income for the landowner. [ 2 ] In economics , ground rent is a form of economic rent meaning all value accruing to titleholders as a result of the exclusive ownership of title privilege to location .

  5. What kind of house will $800K get you in Westchester ... - AOL

    www.aol.com/kind-house-800k-westchester-rockland...

    17 Wendover Road, Eastchester: Listed at $845,000, taxes at $22,004. Owned by the same family for the past 37 years, this three-bedroom, two-bathroom, 1,800-square-foot home was built in 1950.

  6. Country house conversion to apartments - Wikipedia

    en.wikipedia.org/wiki/Country_house_conversion...

    Whitehayes (Sunnyhayes), Burton, Dorset – 2000–2002, into 5 apartments in the main house and 4 apartments in the adjoining wing. Gallowhill Hall, Whalton Park, Morpeth, Northumberland – 2000–2003 by NBP Whitelam Homes (unlisted, built 1888 by Charles Perkins for Lord Decies), [1] formerly a school, into 7 houses and 6 flats, plus 3 new ...

  7. Basement apartment - Wikipedia

    en.wikipedia.org/wiki/Basement_apartment

    A basement apartment is an apartment located below street level, underneath another structure—usually an apartment building, but possibly a house or a business. Cities in North America are beginning to recognize these units as a vital source of housing in urban areas and legally define them as an accessory dwelling unit or "ADU".

  8. Penthouse apartment - Wikipedia

    en.wikipedia.org/wiki/Penthouse_apartment

    Penthouse apartment in Ullanlinna, Helsinki, Finland. Modern penthouses may or may not have terraces. Upper floor space may be divided among several apartments, or a single apartment may occupy an entire floor. Penthouses often have their own private access where access to any roof, terrace, and any adjacent setback is exclusively controlled.

  9. Flying freehold - Wikipedia

    en.wikipedia.org/wiki/Flying_freehold

    Flying freehold is an English legal term to describe a freehold which overhangs or underlies another freehold. Common cases include a room situated above a shared passageway in a semi-detached house, or a balcony which extends over a neighbouring property.