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In the law of several US states, a 99-year lease will always be the longest possible contract for realty by statute, but many states have enacted shorter terms and some allow infinite terms. [citation needed] Due to the influence of the ideas of Henry George at the time the Australian Capital Territory (ACT) was established in the early 20th ...
The entire property is legally owned by a non-profit corporation, in which the tenants own shares; each share carries the right and duty to lease an apartment from the cooperative. Shares can be bought and sold, but often the cooperative's rules strictly limit the price for which they may change hands.
Guoco Midtown and Midtown II. Guoco Midtown, a mixed-use development by GuocoLand is currently under construction. Located in the Beach Road area, the S$2.4 billion development will contain a 30-storey office block with flexible spaces, a 33-storey 219-unit residential block named Midtown Bay, and public spaces.
Waste is a term used in property law to describe a cause of action that can be brought in court to address a change in condition of real property brought about by a current tenant that damages or destroys the value of that property. A lawsuit for waste can be brought against a life tenant or lessee of a leasehold estate, either by a current ...
Flexible space operator JustCo is set to lease a 16-storey building in Seoul's Gangnam business district for its largest location, raising its bets on growing demand for co-working space, while ...
In the early 2020s, Singapore's public housing is located in new towns, in communities that are intended to be self-contained, with services nearby housing blocks, and is either owned by or rented to residents. Lessee-occupied public housing is sold on a 99-year lease and can be sold on the private resale market under certain restrictions.
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