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A comment on The Grenfell Tower inquiry is uncovering a major corporate scandal. Parent comment

Re:The Grenfell Tower inquiry is uncovering a major corporat... by OJFord on Sunday December 06, 2020 @10:18PM (#25329026)
How else would it function? In a multitenant property there's not any clean way for people to own the freehold to pieces of it.

I don't really see what the issue is, it's just another option. You can buy a freehold, a leasehold for typically a kiloyear new or whatever remains (which will be accordingly cheaper), or rent.

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Re:The Grenfell Tower inquiry is uncovering a major corporat... by epanchin on Monday December 07, 2020 @05:23AM (#25330857)
In Scotland and elsewhere in Europe you have “commonhold” where tenants own the freehold of their flats.

Edit: sorry, in Scotland it is called freehold or feuhold not commonhold but could be considered equivalent. I believe commonhold is also used in the US.

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Re:The Grenfell Tower inquiry is uncovering a major corporat... by OJFord on Monday December 07, 2020 @05:28AM (#25330887)
Yes, I just wouldn't call it a 'clean way'. It's not an easy thing to which there's an obvious solution making the freehold/leasehold split bonkers.
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Re:The Grenfell Tower inquiry is uncovering a major corporat... by TheCoelacanth on Monday December 07, 2020 @09:52AM (#25332619)
Never heard the phrase "commonhold" used in the US, but it seems similar to "condominium".
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Re:The Grenfell Tower inquiry is uncovering a major corporat... by OJFord on Monday December 07, 2020 @06:50PM (#25339429)
Huh, thanks for that - I honestly thought that was just what you (North Americans) called blocks of flats (resp. apartments) - I had no idea it was actually more specifically/correctly a particular (presumably commonplace) ownership structure for such buildings.
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