99 Leasehold (99 jaar Pag stelsel)

  Properties are of two or even more kinds — freehold property and leasehold property. While the former refers to properties that are "free from hold" of any other entity except the owner for an indefinite period, the latter are properties usually leased for a period, commonly for 99 years from the time of construction. But, why the unusual… Continue reading 99 Leasehold (99 jaar Pag stelsel)