Splitting a Motel

Splitting a motel means that the Freehold title is split in the following way.

A lease is created from the Freehold title which divides the motel three ways.

  1. Freehold title - in the original form incorporating the Land, Building & Motel Business
  2. Leasehold - being the motel business only - can be periods of up to 30 years (5 years with 5x5 year options)
  3. Investment Freehold - being the Land & Buildings only

The following article explains the structure.

click here to view or download Article of Interest

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