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Originally Posted by Suonymona
You buy the house and land but its in a gated area controlled by a group you pay dues to (usually annually).
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With leasehold, you do not have the opportunity to buy the land your house is built on. Although you own the house, you have to pay ground rent or a management fee. As you say, if you sell the house, the new owners have to sign a contract with the landowner, agreeing terms and conditions.