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Originally Posted by rashidalam
Please can someone clarify if Sports City is FreeHold or LeaseHold. The seller says that Olympic Park is suppose to be LeaseHold, but in process of becoming Freehold. Any one has any news on this?
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rachid alam
DSC is freehold.I got a copy of the letter issued from dbuai land department and sports city website also shows the same.
If you are ina process of buying now, make sure that you get it written in contract.Further , there are lots of changes in LAWs for properties which you should be aware and ask them to include e.g. 10 years maintenance responsibility is on developer's shoulder in structure , so they should mention it in the contract.