Get Homes in the West End Ownership Right Now!
West End is home not only to Freehold properties, sometimes known as “Fee Simple” but also Leaseholds and Shares in a Cooperation. Freehold Properties This is the most common form of ownership. Freehold properties are a type of real estate ownership where the buyer has complete and indefinite ownership of both the land and the property on it. In other words, when you own a freehold property, you own the land and the building on it outright, and you have the right to use, sell, or pass it on to your heirs without any time limit. If you purchase a condo or townhome that is part of a Strata, then you own the property in addition to your portion of land (shared with other strata owners). Homes West End Vancouver Leasehold Properties Leasehold properties are a type of real estate ownership where a person owns the property, but not the land it is built on. Instead, the land is leased from a landowner for a specific period, as outlined in a lease agreement. The lease typically has a fix...