Title

“Title”, at the simplest of levels, means the legal description of a property. It doesn’t just embrace the location of the property but also the nature of the property, and the means by which it’s held by the present owner. In other words, a person who has bought an apartment on a 900 year lease is said to have a ‘Leasehold title’ (and might be governed by certain conditions of ownership) while a person who has bought a standalone house on its own site from a person who has no interest in ever owning the house again, will be said to have a ‘Freehold title’

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The information on this site is provided as a guide only and is not professional advice, including legal advice. It should not be assumed that the guidance is comprehensive or that it provides a definitive answer in every case.