A long-term lease of land from an owner who retains ultimate title.
Erfpacht is common in Netherlands, particularly in Amsterdam and major cities.
Lease periods typically range from 50 to 99 years.
Tenant pays annual canon (ground rent) to the landowner.
Property can be sold with the remaining lease period.
When lease expires, buildings revert to landowner.
Canon rates vary by municipality and location; research local rates carefully.
The building typically reverts to the land owner unless renegotiated.
Usually, but extension negotiations happen with the ground owner.
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