Not many people who are looking around for rentals are aware of the free hold or lease hold options. This article provides you with in depth idea of owning a property. When purchasing Sobha International City property, look into the following facts. It will offer you with understanding of lease hold and free hold options.
Free hold property
Free hold is a type of outright ownership. This also offers you with convenience of holding land on which the property is built. In case of free hold you are responsible for taking care of maintenance of the property. It is an important factor as you need to look into your budget. In most cases houses are rented for freehold.
When speaking of freehold, you may not have to worry about:-
- Termination of the lease contract as the property belongs to you. You may never have to deal with