999-year lease

999-year lease

A 999-year lease is, under historic common law, essentially a nominal lease of property for life. The longest possible term of a lease of real property is legally a 99-year lease.

A number of other land and property leases use a 999 year lease agreement:


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • 99-year lease — A 99 year lease was, under historic common law, the longest possible term of a lease of real property. It is no longer the law in most common law jurisdictions today, yet 99 year leases continue to be common as a matter of business practice and… …   Wikipedia

  • nine hundred ninety-nine year lease — A lease for a term of 999 years, valid in respect of the term in the absence of statute. 32 Am J1st L & T § 64 …   Ballentine's law dictionary

  • Leasehold estate — Property law Part of t …   Wikipedia

  • The O2 (London) — This article is about the entertainment district incorporating the former Millennium Dome. For the indoor arena within it, see The O2 Arena (London). For its counterpart in Ireland, see The O2 (Dublin). For other uses, see O2. Coordinates:… …   Wikipedia

  • Mid-Norfolk Railway — Steam hauled train on Danemoor Bank, 2011 Locale England Terminus Dereham Connections Breckland Line: near Wymondham …   Wikipedia

  • The O2 — Infobox building|right building name= building type=Entertainment District former names= Millennium Dome architectural style=Dome structural system=Steel tensioned fabric location=The O2 Drawdock Road / Millennium Way Greenwich Peninsula North… …   Wikipedia

  • Somerset and Dorset Joint Railway — Overview Type Heavy rail Status Disused Locale …   Wikipedia

  • North Staffordshire Railway — Locale North Staffordshire United Kingdom Dates of operation 1845–1923 Successor London, Midland and Sco …   Wikipedia

  • County School railway station — County School County School station, June 2010 Location …   Wikipedia

  • The Kirkby Project — Everton Kirkby Project The stadium would have been part of a £400 million development Location Kirkby, Liverpool, England Owner …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”