My firend is going through a nasty divorce.....he has found a house he likes and has made on offer on it which has been accepted, there's a catch though. Apparently the LAND the house is on is owned by someone else and it has a 99 year lease (of which rougly 20 years has passed already).
Are there any things he needs to know about with regards to buying the house?? what are any "issues" he might have with this kind of setup??
He has till 5pm on monday to decide what to do!!
Cheers
KiwiMR2
Are there any things he needs to know about with regards to buying the house?? what are any "issues" he might have with this kind of setup??
He has till 5pm on monday to decide what to do!!
Cheers
KiwiMR2
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