FAQ

In Sri Lanka, property tenure refers to the legal ownership and rights associated with land. There are two primary types of property tenure:

1. Freehold:

This is the outright ownership of land or property, providing the owner with full rights to use, sell, or transfer the property as they wish, subject to local laws.

2. Leasehold:

This is a temporary form of ownership where the government or a private individual grants rights to use the land or property for a specified period under an agreed lease. The terms of the lease, including its duration and conditions, can vary depending on the intended use of the property and the agreement between the parties.