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  2. Leasehold estate - Wikipedia

    en.wikipedia.org/wiki/Leasehold_estate

    Leasehold is a form of land tenure or property tenure where one party buys the right to occupy land or a building for a given time. As a lease is a legal estate, leasehold estate can be bought and sold on the open market. A leasehold thus differs from a freehold or fee simple where the ownership of a property is purchased outright and after ...

  3. Old Post Office (Washington, D.C.) - Wikipedia

    en.wikipedia.org/wiki/Old_Post_Office...

    The Old Post Office, listed on the National Register of Historic Places as the Old Post Office and Clock Tower, is located at 1100 Pennsylvania Avenue, N.W. in Washington, D.C. It is a contributing property to the Pennsylvania Avenue National Historic Site. [ 1] The building's 315-foot (96-meter) high clock tower houses the "Bells of Congress ...

  4. Commercial property - Wikipedia

    en.wikipedia.org/wiki/Commercial_property

    A commercial office/retail building. Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. [ 1] Commercial property includes office buildings, medical centers, hotels, malls, retail stores ...

  5. 99-year lease - Wikipedia

    en.wikipedia.org/wiki/99-year_lease

    In the law of several US states, a 99-year lease will always be the longest possible contract for realty by statute, but many states have enacted shorter terms and some allow infinite terms. [citation needed] Due to the influence of the ideas of Henry George at the time the Australian Capital Territory (ACT) was established in the early 20th ...

  6. Anybody want to buy a big NJ office building? Remote work ...

    www.aol.com/anybody-want-buy-big-nj-090524042.html

    When Commvault announced it would sell its sparkling headquarters in February 2023 for some $40 million to Ashling Development LLC and lease back 10% of the space for its own employees, it ...

  7. Leaseback - Wikipedia

    en.wikipedia.org/wiki/Leaseback

    A "sale/leaseback" or "sale and leaseback" is a transaction in which the owner of a property sells an asset, typically real estate, [4] and then leases it back from the buyer. In this way the transaction functions as a loan, with payments taking the form of rent. Due to the lack of financing available in today's market, many American businesses ...

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