Leasehold vs Freehold in Vancouver: What Buyers Need to Know Before Purchasing
Posted by Adam Chahl on
In Vancouver’s real estate market, properties come with two distinct types of ownership: freehold and leasehold. Understanding leasehold vs freehold is essential for anyone buying a home in the region. In a freehold property, you own both the home and the land it sits on outright. In a leasehold, you own the home (house, condo, or townhouse structure) but lease the land from another party – often the City, a corporation, a university, or a First Nation. This core difference in property ownership has big implications for Vancouver buyers in terms of cost, control, and long-term security. This Vancouver real estate guide will explain what a leasehold property is in the Vancouver context, why it matters, and how it compares to freehold property in Vancouver…
368 Views, 0 Comments
