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Leasehold title.

  • 30-01-2017 11:16am
    #1
    AnnaStezia
    Registered Users, Registered Users 2 Posts: 289 ✭✭


    This is just a theoretical not a request for legal advice. I just want to understand a principle.

    There are still some private/domestic residences where the title is leasehold and the owner of the house pays ground rent. I am aware of the system whereby ground rent/fee simple interest can be bought out.

    What I want to know is what happens in practical terms if a ground lease was to expire.

    Suppose O owns a house situated on ground owned and leased to O by GL and the lease expires.

    What rights do O and GL have especially in relation to the house ?


Comments

  • #2
    Samuel T. Cogley
    Registered Users, Registered Users 2 Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    Conversion of the Leasehold title to Freehold is extremely simple, at least in the cases of ex-local authority housing.

    I'm afraid that's all the insight I can provide.


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