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Updated: May 21, 2025
If a tenant wishes to buy his holding and arranges with his landlord as to terms, he can change his position from an ordinary rentpayer into that of a payer of an annuity, terminable in forty-nine years, and actually less in amount than the rent! Most Irish landlords are willing to take less than twenty years' purchase, but the tenants are by their leaders advised not to buy.
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