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What happens when I buy a property on land which is actually leasehold land?
What happens when I buy a property on land which is actually leasehold land?
| 
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
The terms of the lease deed would govern the rights in the struture standing on the land. Usually, there is a provision for renewal of the lease and the lease deed in most cases is for a considerable period of time, thus rights in the structure in most cases remains unaffected.
