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re: Leasing a piece of property

Posted on 6/14/15 at 10:59 am to
Posted by wickowick
Head of Island
Member since Dec 2006
45825 posts
Posted on 6/14/15 at 10:59 am to
quote:

What are you leasing the land for? Hunting? Cattle? OGML?
Contact attorney like everyone said


He is leasing the land to a friend for 99 years so the friend can build a house...
Posted by SB in KC
Oklahoma City
Member since Jan 2012
406 posts
Posted on 6/14/15 at 3:37 pm to
quote:

He is leasing the land to a friend for 99 years so the friend can build a house...


If true, the guy leasing the property is the one that needs the attorney. How do you build a house on leased property? What happens when the lease is up? Even if it is for 99 years, eventually that is going to be a problem for someone.
This post was edited on 6/14/15 at 3:38 pm
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