What are your experiences with buying or selling homes on leased land... Is it really a secure investment, or could they just take back the land whenever they wanted?

like
Posting as :
works at
You are currently posting as works at

It is an excellent question, I have little time working in real estate and it would be very helpful to resolve these doubts to know how to handle the situation.

Everything has a legal document, if everything is done according to the law and respecting the statutes of each state in the country (they change depending on the state) everything goes well and the rental time is respected.

It is something quite complicated, but if it can be made totally legal and transparent it is just that it takes more work than it usually does, so it is an issue that needs more attention from the agent and the client's lawyers.

I have not personally bought or sold a home on leased land, so I cannot speak from personal experience. However, I have heard that it can be a very secure investment, as the lease is typically in place for a very long time - often decades. In addition, the landlord usually would only take back the land if there was a legitimate reason, such as the tenant not paying rent or violating the terms of the lease. So, overall, I would say that it is a relatively safe investment.

I have never personally sold a home on leased land, so I cannot speak from personal experience. However, I have read that it can be a very secure investment, as the lease is typically in place for a long period of time and the renter is often required to pay an increased rent if they choose to break the lease.

I have heard that it can be a very secure investment, as the landowner cannot just take the land back whenever they want. Rather, they would need to terminate the lease agreement in order to do so.

I tend to avoid selling houses on leased land because I have had bad experiences, but not because they are an unsafe investment. Landowners can't just up one day and take you out of there.

Related Posts

Always have ol reliable on my wrist when backpacking

Post Photo
like

What would you serve as a homemade brunch menu for 8? Looking for inspo!

like

Currently studying for the DP-100 exam. Any tips/tricks for studying? I'm currently using the MeasureUp practice test, taking a Udemy course, and looking through the self paced study material.

MeasureUp: a lot of really obscure questions and the documentation references aren't great.

Udemy & Self-Paced Doumentation: very high level and the practice questions are too easy. I could answer most without following the material.

Also, there isn't a lot of overlap between the study materials.

like
like

I’ve always been aware of a y guy’s “manhood” and don’t emasculate men. I am adamant about financial boundaries; I was taught that men shouldn’t be asking me for money as a lady and I followed this advice. However, in the instance that a partner might have a financial challenge and you sense that because he doesn’t really tell you, is it ok to offer a helping hand without him asking or should you let him communicate his needs and you respond how u can. Thx

like
like

I’m a newer registered nurse (2 years) and want to get into remote work. I keep getting denied due to lack of experience but to even get the job I have now (case manager) the company knew one of my family members and they gave me a chance to interview because of that. For these remote companies where I don’t have connections how can I transition over?

likehelpful

If I joined verizon in June / July 2022 would I be eligible for hike in Jan 2023 / March 2023 ? What's the hike percentage like ?

What do women wear at Dreamforce?

like

What will be my in-hand Salary?

Post Photo
like

What's the one word you can't stand? Doesn't have to be finance related. I personally can't stand the word ""moist".

like

I have an experience of 11 years and getting an Offer from Flipkart as Operations Manager at Level 9. They are offering a jump of 40% to make it 28 LPA.

Is the exp vis a vis Grade Ok ?
Is the CTC ok or can i ask more ?

I am joining from Steel Mfg Industry.
Thanks in advance. Any comments are welcome.

ECD salaries? I have literally no context. At 275 plus 15% bonus. Up in Canadia.

like

What did they say at Tim Ryan's Townhall last night? Anything exciting, or relevant for AC?

like

Is contributing to an HSA better than a taxable brokerage in CA?
(where HSA contributions and gains are not protected from state tax)

Or only superior if I avoid taxes in HSA via Treasury notes/IBonds?

like

Any girls in here named Alexa? Has you life been ruined by Amazon devices?

funnylike

Hi,

Today I will be having an interview with Hexaware for data science role. I appreciate for sharing key points to crack it, and how well is the work culture & is it WFH ?

Anyone wishes to book for AWS certified cloud practitioner exam? I have the exam voucher valid till December 2022. If you want to buy it I'm selling it for 500rs less than the original price 9300 rs (118USD, with GST). DM me

Accenture or nagarro

like

Hey guys - does anyone have recommendations for Indian wavy 5x5 or 6x6 closures? I was going to order off of Amora Renae (https://www.amorarenaecollection.co/product/thin-swiss-lace-5x5-closure/) but they aren’t restocking. I’m still getting bundles from them, but clueless on another solid company that would have matching hair (friend is making me a wig bc of a natural hair crisis I’m having, I’m absolutely clueless when it comes to anything like this)!

like

Additional Posts in Real Estate

Just heard that property prices are soaring in Florida, the news reported that mortgage rates are doubling. Meanwhile I’m over here in semi-rural Iowa, wondering if I will ever make a sale again…

like

3 tips I always give to first-time home sellers that make my work easier:

1. Try professional photos. You have one chance to impress possible buyers. Use it wisely.
2. Be flexible with home showings. Maybe your possible buyers won't appreciate your house's potential if there are dogs running around or too many people inside.
3. Respond promptly to a purchase offer. Some people don't have much time to wait for an answer. Be quick and responsive!

like

Anyone looking for a coach, mentor, someone who holds them accountable? A system?

like

I bought a house six months ago and while doing some redecorating, I found black mold behind the wallpaper in the kitchen. Didn't the previous owners have to disclose this to me, by law?

like

How many times do you consider it ok to show the same house to the SAME prospect until he decides to buy it or not?
It's been 4 times so far.

like

How friendly are most of your company's agents with those from other firms? I know they are in competition for sales but do they generally try to be friendly with one another?

like

How did you go into real estate? What caught your eye?

like

What kind of training did your company provide?

like

I am a real estate developer and I just lost about $10 in funding for a project because, after careful examination of the land we were going to use, they found out it’s unfit for construction.

like

When working as a realtor, do you prefer to use your own phone or did you get a new one for job-only purposes, such as client calls and your public information?

likesmart

A good realtor understands that sellers are more informed more now than ever. Agree?

like

Hey is anyone up for a quick 2/3 hours of assistance to help list some vacant properties for rent on the rental sites like Zillow Avail. Turbotenant for just 3 hours and get paid $50 for this . Pls send a message if you can help with this Asap thanks

like

As realtors, what's the most insane thing you've heard at a showing?

likefunny

Best resoures for realtors just starting out in their career?

like

I'm fairly new to the industry and I'm having a hard time getting comfortable during showings. I get nervous and stumble over my words. Advice for how to get more comfortable and confident?

like

I want to sell my house but there seems to be water damage and I’m worried someone will lowball me, what should I do?

like

What region in the United States is best for real estate investing?

like

I keep seeing these ads for that thing where you buy a lordship by purchasing land in Ireland or something. Is that legit? Or are they just printing out a certificate without actually selling you any land?

like

Is the international real estate market as booming as the US?

like

I know NYC is a huge beast for real estate and it's a bit scary but nothing compares to the thrill of closing a deal in a multi-million dollar home. Happy homeowners, happy commissioned realtor!

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal