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What is leased land mean?

  • Question refers to 16058 Warmington Ln # 66, Huntington Beach, CA 92649
  • December 05 2009
  • 0Yes

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Answers (1)

In the simplest terms: you would own the structure but not the dirt under it.

-this is common in mobile home (trailer parks) and some manufactured/modular homes
-some commercial properties (the drug store may have built the structure on the corner but they are renting the land from owner "x")
-some foreign countries do so also.

get an agent and find out the full terms of the lease
  • December 05 2009
  • 1Yes

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