Understanding Fee Simple vs Leasehold Ownership

Posted from: https://www.zillow.com/blog/fee-simple-vs-leasehold-ownership-224769/

Most people only know of one type of real estate ownership: fee simple, also known as freehold. But a handful of states have another form of ownership, known as leasehold.
The difference in these two types of land tenure is very different and affects the value of the real estate.  It is important to know the difference, especially if you’re buying real estate in a leasehold state (i.e., Hawaii, New York, Florida).

What is the difference between leasehold and fee simple?…

Posted from: https://www.zillow.com/blog/fee-simple-vs-leasehold-ownership-224769/

Most people only know of one type of real estate ownership: fee simple, also known as freehold. But a handful of states have another form of ownership, known as leasehold.
The difference in these two types of land tenure is very different and affects the value of the real estate.  It is important to know the difference, especially if you’re buying real estate in a leasehold state (i.e., Hawaii, New York, Florida).

What is the difference between leasehold and fee simple?…

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