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Frequently Asked 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.

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

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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 Freehold Property?

Empire Properties - FAQS
Freehold property is property for which ownership rights of Land is given to the purchaser for a price and he is not required to pay annual Lease Charges. Freehold properties can be registered and/or transferred in part, which is not possible in the case of Leasehold properties. See similar questions...

Will the property be Freehold?

FAQs
Most of the developments are offering freehold properties and your contract confirms this. A new law on march 12 2006 confirmed that foreign purchasers have the right to own freehold title to real estate in certain parts of Dubai and has significantly boosted both the amount of property for sale in Dubai and also the demand for it. It is understood that the freehold title announced by H.H. See similar 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. 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 kind of title do I get? Will the property be freehold?

FAQs - Dubai, UAE Real Estate consultant for free hold resid...
We are presently awaiting legislation that shall hopefully provide us with the basis of real estate legislation for the Dubai Emirate. It is understood that the freehold title announced by H.H. General Sheikh Mohammed bin Rashid Al Maktoum in 2002 shall be freehold as is understood in the international sense where the owner is considered to have absolute rights to the property. Most of the developers in Dubai are offering Freehold property and their contracts state this. See similar questions...

Can I own a Freehold Property in Thailand?

Phuket Apartments, Penthouses for Sale by Island Oasis Resor...
In certain instances you can directly own apartments, when they are registered as Condominiums. Although Thailand “restricts” this to only 49% in any project. So in a development of 100 apartments, only 49 can be owned by a foreign national, the rest must be Thai owned. We at Island Oasis Resorts, solve this problem by giving our owners equal shares in the company that owns it all. 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...

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