Condominiums and commercial property are held through 99-year leases.

Name: Condominiums and commercial property are held through 99-year leases.
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Condominiums and commercial properties can be held in various forms of ownership, including freehold, where the owner has permanent ownership, and leasehold, where the property is leased for a specific period, which might not necessarily be 99 years.

Condominiums and Commercial Property Are Held Through 99-Year Leases