999-year lease

A 999-year lease, under historic common law, is an essentially permanent lease of property. The lease locations are mainly in Britain, its former colonies, and the Commonwealth.

Examples of land subject to a 999-year lease agreement

Leased Item Type Place Year term Lease by Leased to Notes
St. John's Cathedral Church Victoria City, Hong Kong 1847–2846 British Crown Freehold again; land owned by the Government of Hong Kong
The Crystal Palace cost of building venue London, England 1851–2850 Joseph Paxton Seat holders/owners Financed by the sale of seats for ₤100
Queen's Park Parkland Toronto, Ontario, Canada 1859–2858 University of Toronto Province of Canada (Canada West) Park is now home to the Legislative Assembly of Ontario and leased to the Government of Ontario
Point Pleasant Park Halifax, Nova Scotia, Canada 1866–2865 City of Halifax, Nova Scotia Crown
Royal Albert Hall London, England 1871–2870 The Corporation of the Hall of Arts and Sciences Seat holders/owners Financed by selling seats and boxes
Ontario and Quebec Railway Railway company Eastern Ontario and Quebec, Canada 1884–2883 Canadian Pacific Railway Owners of the OQR Now owned by St. Lawrence and Hudson Railway, a subsidiary of the CPR
Mullaperiyar Dam Dam and water Cardamom Hills, Kerala, India 1886–2885 Maharaja of Travancore, Visakham Thirunal
From 1949 State of Travancore-Cochin
From 1956 Government of Kerala
British Secretary of State for Periyar River Irrigation
From 1947 Madras State
From 1969 Government of Tamil Nadu
The lease was made after 24 years of negotiation.
WACA Ground Stadium Perth, Western Australia 1889–2888 Government of Western Australia Western Australian Cricket Association Land reclaimed from the Swan River
Commonwealth Institute building site Property London, England 1951–2950 Holland Estate Commonwealth Institute
Pusey House Property Oxford, England 1981–2980 Oxford University Excludes the chapel
Inverhuron Provincial Park Park Inverhuron, Ontario 1973–2972 Ontario Hydro Ministry of Natural Resources (Ontario) Lease now controlled by Bruce Power
Hampshire CCC Land Hampshire, England 1996–2995 Queen's College, Oxford[1] Hampshire County Cricket Club Former farmland
Millennium Dome Building and surrounding land London, England 2001–3000 UK Government Quintain and Australian retail developer Lend Lease
Stanley Park Stadium Football Stadium Liverpool, England 2006-3005 Liverpool City Council Liverpool Football Club Proposed replacement for Anfield, home to Liverpool F.C.

References

  1. "Hampshire strike rich vein with 'community dream'". Electronic Telegraph via CricInfo. Retrieved 2012-05-04.


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