A freehold interest (also known as a fee simple) is the most common type of ownership in the West End. The owner of the freehold interest has full use and control of the land and the buildings on it, subject to any rights of the Crown, local land-use bylaws and any other restrictions of the strata council in place at the time of purchase.
"In leasehold condominiums, you own a unit and a share of the common elements, subject to the ground lease of the property on which the units and common elements are constructed. The initial term of the lease must be between 40-99 years and the owner of the leasehold unit can sell, mortgage, or lease the unit without the consent of the landlord."
- www.TitlePlus.ca
Essentially the way it wor ...
A "co-operative unit" is the interest of a person in a co-operative corporation that includes the right to use or occupy a part of the land that the ...
West End Community Centre 870 Denman Street (map) 604-257-8333
Barclay Manor 1447 Barclay Street (map) 604-257-8349
Vancouver Aquatic Centre 1050 Beach Avenue (map) 604-665-3424