XIILeasehold
Why 80 years is the number that matters
Once a lease falls below 80 years, "marriage value" is added to the premium you must pay to extend it, often adding thousands overnight. Lenders also grow reluctant below roughly 70 years, which can make a flat difficult to sell. If your lease is in the low 80s, acting this year rather than next is usually the cheapest decision you will make.
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