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Cross lease
A leasehold interest in the particular area and building that you occupy. These leases are usually for 999 years for a nominal rent like 10 cents per annum (which is usually not demanded to be paid).
https://www.settled.govt.nz/buyi ... :text=Cross%20lease,-If%20you%20hold&text=other%20cross%20leaseholders.-,A%20leasehold%20interest%20in%20the%20particular%20area%20and%20building%20that,not%20demanded%20to%20be%20paid).
补充内容 (2022-1-26 04:21):
If you hold a cross lease you own two interests in the property:
A share of the freehold title in common with the other cross leaseholders. |
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