On 28 November 2015 (the appointed day), the provisions of the Long Leases (Scotland) Act 2012 (the Long Leases Act) converted certain ultra-long leases into ownership. In general terms, a qualifying lease must be
- registered in either the Land Register or the General Register of Sasines;
- have an initial term of more than 175 years;
- have more than 100 years to run at the appointed day where the property is mainly used as a residential dwellinghouse, or 175 years in other cases; and
- have an annual rent of less than £100.
A lease with an initial term of less than 100 years can qualify if there was a condition requiring the landlord to renew the lease. Each part of a lease divided by partial assignation is treated as a separate lease.
The landlord's right of ownership of the land affected will be extinguished, as will the right of a mid-landlord where a sub-lease converts. Some leasehold conditions, such as facility and service conditions, will become real burdens on the new right of ownership; others will be automatically extinguished.