Many Chinese bought their homes under the expectation that the long leases would be transformed into full ownership.

许多中国人购买房产的期望是，长期使用权将来能转化为完整所有权。

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Operating leases represent those leases under which substantially all the risks and rewards of ownership of the leased assets remain with the lessors.

营业契约乃租赁资产拥有权之大部份风险及回报皆依据该等租约属出租人所有及由出租人承担之契约。

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In the 28 land deals totalling 2.64 million ha covered in a survey carried out last year by Norwegian People Aid1 in what is today largely South Sudan, there were no land sales with transfer of full ownership rights but rather long-term leases of between 30 and 60 years.

UNESCO: Madiodio Niasse on the risks associated with large-scale foreign land aquisitions | United Nations Educational, Scientific and Cultural Organization

The city would retain ownership of the land, signing 99-year leases with private developers who would build the complexes.

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