99 year land lease

Asked by Cwfoulkemd, Arlington, VA Sat May 14, 2011

What is the basis for a 99 year land lease? Can the holder of a land lease obtain a builders loan to develop the property?

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Leslie Byrne, Agent, Millsboro, DE
Thu May 26, 2011
Check with a lawyer on this one who specializes in land leases. This use to be what they did in Mexico and is what they do on certain American Indian reservations in the US. Farming and agriculture also use this - check with a lawyer in that county.
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