Shaya Seidenfeld

When buying a home or investment property, one of the first things you’ll encounter is the distinction between leasehold and freehold property. Understanding the difference is crucial before making such a big financial decision. To make this easier, Shaya Seidenfeld , an experienced real estate advisor, breaks down the key differences, pros, and cons so you can make the right choice. 1. What Is a Freehold Property? A freehold property means you own both the building and the land it sits on outright. There’s no time limit on your ownership, and you can pass it down, sell it, or renovate it (subject to local regulations). Freehold is often seen as the most desirable form of property ownership because it gives you complete control. Shaya Seidenfeld points out that many buyers prefer freehold because it provides long-term stability and eliminates the need to worry about leases expiring. 2. What Is a Leasehold Property? In contrast, a leasehold property means you only own the property for a...

When it comes to owning property together, many people jump in without fully understanding what they’re getting into. Whether it’s buying a home with a partner, investing with a friend, or inheriting property with family, joint ownership can be great—but it can also bring legal headaches if you’re not careful. Real estate expert Shaya Seidenfeld often sees people overlook the legal side of joint ownership, so I wanted to share some of his practical advice. It’s not just about signing your name on a deed—it’s about knowing exactly what that means for your rights, responsibilities, and what happens down the road. What Does Joint Ownership Mean? In simple terms, joint ownership means that two or more people share ownership of the same property. But there are different ways to do this legally, and each one carries different consequences. Shaya likes to say, “How you hold title is like the foundation of a house—you need it solid or the whole thing can fall apart.” Here are the most common ...