Mr. Simon McGarr:

There are many properties that would have good marketable title. As with the one in question, you could have a property with a lease and ground rent. Famously, Guinness has a ground rent and a long lease of 9,000 years, although I think it might be more for marketing purposes than anything else that this is talked about. One can have an extremely long leasehold interest, and one can have a short leasehold interest, which is still marketable. It is not determined by the length of the lease. I ask that if I am to be questioned on land law, I be allowed to go out and get my copy of Wylie or that the questions address the lease before us.