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30 Year Registered Lease


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I have some questions about the 30 year registered leases that are so popular.

If a have registered lease for a condo can the owner sell the condo to a third party but 3rd party has to honor the lease? Or property cannot be transferred if there is a registered lease?

How are these leases obtained? Standard form at land office or must they be drawn up by lawyer?

and what are conditions for eviction and lease cancellation?--standard or can be specified oin agreement?

thanks

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I have some questions about the 30 year registered leases that are so popular.

If a have registered lease for a condo can the owner sell the condo to a third party but 3rd party has to honor the lease? Or property cannot be transferred if there is a registered lease?

How are these leases obtained? Standard form at land office or must they be drawn up by lawyer?

and what are conditions for eviction and lease cancellation?--standard or can be specified oin agreement?

thanks

Why not buy it and forget the problems?

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