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Author Topic: Question about buying a tenancy, maybe two!  (Read 119 times)

PaulineEW

  • Joined Jan 2021
Question about buying a tenancy, maybe two!
« on: January 01, 2021, 02:34:48 pm »
Hello, please can someone explain about the purchase price? If we buy the tenancy, is the money “lost” when the tenancy ends? (Unlike selling my house and getting payment from the new buyer)
Advertised crofts don’t stipulate the length of tenancy, but looking on the Croft commission applications page, I can see it’s often 10 years. What happens when this time is up? Do we pay again? Thanks.

oor wullie

  • Joined Jun 2012
  • Strathnairn
Re: Question about buying a tenancy, maybe two!
« Reply #1 on: January 17, 2021, 09:14:52 pm »
No, a crofting tenancy is heritable so it is yours and you can pass it on to whoever you like.
This is why buying a crofting tenancy is more or less the same price as buying croft ownership.

 

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