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Land that is subject to a lease or land that can be leased
A land lease.
A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.
It depends on the terms of the lease. The lease may terminate or the lease may "run with the land."
The US has a perpetual lease on the land.
The land are not sold but leased, If it is for agricultural use then it is very very cheap to lease it. A 99 yr lease for an acre is about $5 US
A freehold lease may refer to the lease of land that belongs to another person. Your question is confusing because a freehold estate is the right to the use and possession of land for an indefinite period and a leasehold estate is a lease of land that belongs to another.
varies with the company, but for the most part trhey don't buy-they lease.
If you are involved in a legally drawn and binding land lease contract, you cannot terminate it except by mutual consent of both you and the person to whom you granted the lease.
Ground leases offer many advantages to the landlord. A ground lease will usually involve construction or improvements that will be profitable to the landlord. Since the landlord maintains ownership of the land, the landlord can sell the land for a much higher value or pass on the appreciated value of the land to his heirs. There is also a positive advantage of ground lease for tenants. A ground lease allows the tenant ready use of the land avoiding blocking of huge money in a large land purchase. Leasing the land will facilitate the tenant to use funds for more productive expenses.
Only the lease contract would disclose the anwer to this question. If you need legal assistance in deciphering or understanding it, you must retain an attorney to assist you.
Tenants do not own land they just lease it from landlords. The length of the lease can be determined by the two parties.