Leasehold Investments and Other Rent Sharing Arrangements
Angus P. J. McIntosh and
Stephen G. Sykes
Chapter 5 in A Guide to Institutional Property Investment, 1985, pp 91-108 from Palgrave Macmillan
Abstract:
Abstract 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.
Keywords: Investing Institution; Capital Gain; Property Investment; Legal Interest; Professional Feis (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07154-8_5
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DOI: 10.1007/978-1-349-07154-8_5
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