Long Leasehold definition

Long Leasehold. A lease (including a sub-lease) with a term of a minimum of 125 years at a peppercorn ground rent and a service charge which charges that portion of the sums payable pursuant to the estate Rentcharge Deed applicable to the building in which the relevant Affordable Housing Units are located and that relate to the relevant Affordable Housing Units only and those services that serve those Dwellings and any curtilage and common parts of the Block (other than those which exclusively serve any other part of the Development) and the title to which is Unencumbered. "Main Phase 1 Allotment" The 0.7 ha allotment marked "A6+A4" on plan numbered OPA06R rev. P2 at Annex 3 of this Deed (or in such other location as may have been approved by the Council) to be provided at a total capital cost not exceeding £313,542.00 (three hundred and thirteen thousand five hundred and forty two pounds) Index Linked up to the date of the reserved matters approval but excluding fees, contingencies, specification and design costs, supervision fees, access roads and service costs.

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Long Leasehold has the meaning given in Part 3 of Schedule 14 “Losses” all damages, losses, liabilities, costs, expenses (including legal and other professional charges and expenses), and charges whether arising under statute, contract or at common law or in connection with judgments, proceedings, internal costs or demands “Margin” means attributable cost plus 10%

Long Leasehold means a lease of any Unit for more than 7 years;

Examples of Long Leasehold in a sentence

• The property is held under Long Leasehold Titles (excess 900 years), subject to nominal rent.

• The Long Leasehold interest is available for £425,000 (£90.91 psf) for a term of 43 years.

• Long Leasehold title for a term of 250 years from 1st December 1998.

• A premium is sought for the assignment of the Long Leasehold interest.

• PROPOSAL Offers are invited in excess of €525,000 (€2,313 psm / €214 psf) TENURE We understand that the property is held by way of Long Leasehold title BER E1 Reports available on request ▇/▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ DO2 FH72 Ireland Viewing strictly by appointment with the sole agents TWM.

• GameStop Limited is part of GameStop Corp which operates 6,600 stores across 15 countries worldwide The property is located in an area zoned CT in the South Dublin County Council Development Plan 2010 – 2016 “to protect, improve and provide for the future development of the County town of Tallaght” We understand the property is held Long Leasehold.

• Long Leasehold (999 years) sale of the area edged and hatched blue, subject to agricultural use.

• The property is offered For Sale on a Long Leasehold basis, with a new 125 year lease and ground rent of £250.00 per annum.

More Definitions of Long Leasehold

Long Leasehold means any lease where the demise is not less than one hundred and ninety years and excluding any premium payment is at a maximum acknowledgement rent of £5 per annum;