What's a Leasehold?
- When you buy, you don't buy the land, you buy the Right Of Exclusive Possession of your unit
- Right Of Exclusive Possession terminates at the end of the lease period
- Types Pre-Paid/Not Pre-Paid Strata/Non-Strata:
- Pre-Paid for the term of the lease
- Not-Prepaid: A monthly lease payment which can be raised according to the
terms of the lease