So big landlords, who were always in the business of
selling lease extensions, can carry on almost as usual, but under a more advantageous tax regime.
Not exact matches
80 % of new build flats are not
sold with onerous ground rents, most new build flats are given RPI linked reviews which are by no means onerous and easy to buy out via a formal
lease extension if required.
The tribunal said that what drove the open market sales prices was purchasers» expectations that they would be able to make a profit by
selling statutory
lease extensions and releasing marriage value, whereas, paradoxically, in the hypothetical world envisaged by the statutory valuation, this possibility had to be disregarded.
In a sale - leaseback deal, corporations
sell real estate they own and then rent the properties back from the buyers under a long - term net
lease — roughly 15 or 20 years — with
extension options.