What does "land use: fee" mean in a listing

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February 16 2011 - Yucaipa
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Answers (2)

Profile picture for Lrozales
It means that the land is part of the sale.  When it says "lease", then the land is separate from the house/improvement and there will be an additional cost to lease the land.  Lease lands do have a separate contract and it also has a timeframe.

Hope this helps.
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Profile picture for wehelpubuy
It means title to the land is held in "Fee Simple".  It's the highest form of ownership and it means you own the land as opposed to leasing the land.
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February 16 2011
 

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