Dennis Nicholls
Senior HTF Member
I'm used to US law. Most states limit the terms of a freehold lease of real property to a term of 99 years.
Apparently Ireland has different laws. When the Guinness brewery was established in the 1700's, the investors were certain they had a sure thing....brewing beer in Ireland.
They signed a 9,000 (NINE THOUSAND) year lease on the property where the brewery was built.
www.guinness-storehouse.com/some_history.htm
Apparently Ireland has different laws. When the Guinness brewery was established in the 1700's, the investors were certain they had a sure thing....brewing beer in Ireland.
They signed a 9,000 (NINE THOUSAND) year lease on the property where the brewery was built.
www.guinness-storehouse.com/some_history.htm
