Common property interests

Common property interests are : A) Freehold interests . The owner holds absolutely and in perpetuity . Absolute ownership unencumbered by any other interests. . Possesses all the rights and benefits of the property . Subject only to taxation, compulsory

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Types of interests in real estate

Types of interests in real estate : -Freehold -Leasehold -Mortgage -Ground lease -Tenancy -Lease -life interest -Air rights -License -Timeshares -Temporary occupation interest (TOL) -Easement: an interest that conveys use but not ownership of a portion of a real property