When I lived in Liverpool in the UK. We lived "under" Lord Sefton. My parents bought the house, which as you said about was really purchasing a 999 year tenure. Every year you had to pay 1 pound to renew your tenure. I have heard recently that it has increased to 5 pound. I am not sure how many people had to pay him but there are 1.4million people living in the area.
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Yup. That is cheep rent, but it is still rent to a land lord. Thank you for confirming what I wrote about.