All Topics / The Treasure Chest / Leashold unit definition + RE questions to Buy

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of AdministratorAdministrator
    Keymaster
    @piadmin
    Join Date: 2013
    Post Count: 3,225
    August 9, 2003 - 4:01 pm

    Hi All

    I am looking to buy a unit soon, can someone explain to me what LeaseHold unit means apart from the obvious?

    Also what basic important questions should I be asking the Real Estate agent about the Unit/Apartment before committing to a purchase?

    Thanks

    Profile photo of CreminCremin
    Participant
    @cremin
    Join Date: 2003
    Post Count: 105
    August 9, 2003 - 7:04 pm

    Check out the zoning as some apartments can only be used as a holiday unit thingy. My friend was sucked into buying a unit that did not actually have zoning for residency. Also check out the history of it with the council, strata fees, issues and maybe if there is a residents board find out what is going to be done in the future and if it will cost you lots of money. Hope my friends stuff up can help you.
    Mrs.

    Here for a good time not a long time, just do it!.

    Profile photo of AdministratorAdministrator
    Keymaster
    @piadmin
    Join Date: 2013
    Post Count: 3,225
    August 10, 2003 - 2:18 am

    Thanks for the advice!!

    I had never thought about the residence issue which is only the most important issue. I will be definately implementing your suggestions.

    I wish your friend great success in his next venture to make up for the last [8D]

Viewing 3 posts - 1 through 3 (of 3 total)

The topic ‘Leashold unit definition + RE questions to Buy’ is closed to new replies.