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Frequently Asked Questions

What does the term 'Leasehold Property' mean?

Property Real Estate NRI Investments General Frequently Aske...
A property (plot/ built up) in which perpetual leasehold have been granted by the title paramount in favour of the lessee. The title paramount i.e. president of India in these kinds of properties acts through DDA, L & DO. Leasehold properties are not freely transferable. depending upon the covenants pf. the lease deed prior permission of the lessor (DDA/LDO) is required to transfer the property. One is required to pay charges such as 50 & of the unearned increase and conveyance.

You mentioned freehold property and leasehold property. What does "freehold" and "leasehold" mean?

New Page 1
Leasehold property allows the owner to remain in possession of the property for the remaining period of the lease. Assuming the title of the property is a leasehold estate for 99 years which commenced from 1.1.1995 and you purchased the property this year. It means that you can remain in possession of the property for 94 years. See similar questions...

What does it mean when we say that a property is "freehold" and "leasehold"?

Private Home Loan - Help Centre - OCBC
Ans: A freehold title means you own the property for an indefinite period. on the other hand, a leasehold title specifies the number of years which you can hold the property, for example, 99 years or 999 years with effect from a certain date. Hence, if you are buying a leasehold property, you should also check the remaining unexpired term. In general, the shorter the unexpired term, the lower the value of the property. See similar questions...

What does the term MMC mean?

Support: Frequently Asked Questions
Microsoft Management Console (MMC) is an extensible common presentation service for management applications. MMC is included in the Windows? 2000 and XP operating systems. See similar questions...

Does it matter if the property is freehold or leasehold?

SLA : FAQ - Property Registration Services
Yes, if the property you now own is a restricted residential property purchased/acquired before, on or after 11 September 1973. Note if you and/or your spouse own an HDB flat or a non-privatised HUDC Phase III or IV flat, you are strongly advised to check with HDB as to whether you and/or your spouse are eligible to retain your HDB flat without owner-occupation under the HDB's existing policies, before you proceed to purchase a restricted residential property. See similar questions...

What Is Leasehold Property?

Empire Properties - FAQS
Leasehold Property is property leased to a lessee for a stipulated period of time. The Lessee pays lease premium and annual lease amount as fixed by the Lessor. In these cases the Land ownership rights remain with the Lessor and a prior sale-permission is normally required if you plan to transfer the property. See similar questions...

What does the term 'Freehold Property' mean?

Property Real Estate NRI Investments General Frequently Aske...
A property where title paramount has conveyed the property in favour of the purchaser by conveyance/ sale deed with no restriction on the right of the holder of the property to further transfer the property. Record of ownership of the freehold property can be ascertained from the office of the sub-registrar. It can be transferred by registration of sale deed. When ownership rights for a piece of property are given to the purchaser for a price, that property is referred to as Freehold Property. See similar questions...

What does the term “curable burn” mean?

NFPA 70E: Frequently Asked Questions
To ensure an employee exposed to an electric arc incident does not experience a burn that will cause irreversible tissue damage – a curable burn. This is a 2° burn where the skin temperature does not exceed 175° with a duration no longer than 0.1 second. See similar questions...

What does the term "hepatitis B carrier" mean?

Frequently Asked Questions About Viral Hepatitis
Hepatitis B carrier" is a term that is sometimes used to indicate people who have chronic (long-term) infection with HBV. Persons with chronic infection can infect others and are at increased risk of serious liver disease including cirrhosis and liver cancer. See similar questions...

What does the term "enlarged heart" mean?

FAQ (Frequently Asked Questions) - Texas Heart Institute Hea...
enlarged heart means the heart is larger than normal because of heredity or disorders and diseases such as obesity, high blood pressure, and viral illnesses. Sometimes doctors do not know what makes the heart enlarge. See similar questions...

What does the term Bal-laced mean?

BIG BLACK BOOTS - F A Q - Frequently asked Questions
Click here for an explanation of the term, a picture of the Dehner Bal-laced instep and a diagram showing how to lace the boots.. See similar questions...

What does the term fair value mean?

Valuing Intangible Assets - Frequently Asked Questions
For financial reporting purposes, all business combinations should be accounted for in the same way that other asset acquisitions are accounted for - based on the values exchanged. The definition of fair value as stated in SFAS No. 141 is: The amount at which an asset (or liability) could be bought (or incurred) or sold (or settled) in a current transaction between willing parties, that is, other than in a forced or liquidation sale. See similar questions...

What do Leasehold and Fee Simple mean?

Big Island of Hawaii Real Estate Frequently Asked Question f...
Many buyers are confused by these terms. If you purchase a fee simple property, you own the land and the improvements upon it. Pretty standard. If you purchase a leasehold property, however, you are buying a lease for the land and, usually, you own the improvements. A residential leasehold might have been set for 55 years but if the ground lease is 30 years old, there would be 25 years left on the lease. See similar questions...

Can I own a Leasehold Property in Thailand?

Phuket Apartments, Penthouses for Sale by Island Oasis Resor...
Yes, you can own a leasehold property in either your, or joint names. The maximum term that is recognised by Thai law currently is 30 years at the moment, but this could change in the future. However, most reputable companies are now giving an initial 30 years, plus 2 additional 30 years periods in their Lease Agreements. A total lease of 90 years. See similar questions...

Is property in Italy leasehold or freehold?

Tuscan Prestige estate agents specialising in property and r...
All property in Italy is FREEHOLD with few exceptions which rarely if ever affect the domestic market. See similar questions...

I’ve been seeing the term urodynamics. What does it mean?

FAQs - TerKeurst Urology Clinic
Urodynamic testing looks at how well your bladder, urethra, and muscles (sphincters) that control voiding work. These tests help your doctor in treating problems you may have with storing urine or voiding (eliminating urine). See similar questions...

What does the term Microspinoscopy mean?

Frequently Asked Endoscopic Spine Surgery Questions
Microspinoscopy is the science of minimally invasive spinal surgery which is defined as an incision of less than one inch. It can be as simple as an endoscopic discectomy or as complex as an endoscopic laminoforaminoplasty with partial corpectomy. Microspinoscopy involves any aspect of minimally invasive spine surgery that utilizes arthroscopic (endoscopic) techniques. A microspinoscopist is someone who specializes in these techniques. See similar questions...

What does the term "least costly" mean?

Delta Dental of Idaho - Frequently Asked Questions
If a tooth can be restored with a procedure that is less expensive than the procedure rendered, benefits paid will be based on the procedure that costs less. See similar questions...

I see the term "pre-Gibson" used all of the time. What does that mean?

Frequently Asked Questions
In November 1987 Ned and his original investors sold their company, Steinberger Sound, to Gibson Musical Instruments. Gibson is the largest musical instrument maker in the US owning other notable names like Epiphone, Tobias, Kramer, Oberheim, Trace Elliot & Slingerland Drums. Gibson kept the plant in Newburgh, NY, and Ned stayed on staff under contract for 4 years. He remains a consultant to this day. See similar questions...

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