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Lease burden

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  • 02-01-2018 7:25pm
    #1
    jiminho
    Registered Users Posts: 396 ✭✭


    I'm unsure where exactly to post this so mods, please move if required.

    I am wanting to purchase some land to build a house. I've purchased the folio and there are lease burdens on it. They're from approximately 80 years ago and have a term of 500 years. Is this a significant encumbrance to purchasing and building a house? What are my next steps and who should I contact?


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    #2
    davindub
    Registered Users Posts: 1,447 ✭✭✭davindub


    jiminho wrote: »
    I'm unsure where exactly to post this so mods, please move if required.

    I am wanting to purchase some land to build a house. I've purchased the folio and there are lease burdens on it. They're from approximately 80 years ago and have a term of 500 years. Is this a significant encumbrance to purchasing and building a house? What are my next steps and who should I contact?

    If you look further there should be leasehold folios separate to the folio but relating to the same area . It is the leaseholds you will need to purchase to get possession of the site.

    You will need a solicitor to advise really on the specific folio.


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    #3
    The_Conductor
    Moderators, Society & Culture Moderators Posts: 32,285 Mod ✭✭✭✭The_Conductor


    Closing as duplicate thread open over in legal discussion.........


This discussion has been closed.
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