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Bringing ultra-long leases to an end [electronic resource]

By: Language: English Series: Scottish Government News Release ; 16 January 2012Publication details: 2011Subject(s): Online resources: Summary: Announces the publication of the Long Leases (Scotland) Bill, which will end the phenomenon of ultra-long leases (where a property is let for over 175 years and has more than 100 years to run) by changing them to ownership. There are approximately 9 000 such leases in Scotland, of which two thirds have annual rents of £5 or less.
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Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 154708-2001

Announces the publication of the Long Leases (Scotland) Bill, which will end the phenomenon of ultra-long leases (where a property is let for over 175 years and has more than 100 years to run) by changing them to ownership. There are approximately 9 000 such leases in Scotland, of which two thirds have annual rents of £5 or less.