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Old 19-12-2007, 05:28 PM
Zeiad Yehia's Avatar
Zeiad Yehia Zeiad Yehia is offline
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Hello Peter. You are right it is only a one 99 years term here, unless there is an agreement on otherwise with the developer. The usufruct time can be renewed, but developer will charge the usufructuary for this extended period, and there is no standard cost for this renewability, but will be subject to negotiation with the accepting developer.
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