Remove Finance Remove Land lease Remove Residential
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Fee Simple vs. Leasehold: Two Very Different Types of Ownership

Redfin

It gives someone ownership of a home or structure on the property, but someone else owns the land itself. The leaseholder pays the fee simple owner to use the land for a set period. You might also see this called a land lease or ground lease. They don’t have to “buy” anything upfront.

Land 66
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Housing Affordability Task Force Report: My Two Cents (Pt2)

Toronto Realty Blog

Waive development charges and parkland cash-in-lieu and charge only modest connection fees for all infill residential projects up to 10 units or for any development where no new material infrastructure will be required. Per the report: “Housing requires more than just the land it is built on. Land leases?

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What is a Land Lease Fee? What to Know Before Buying

Redfin

One of them is land lease fee. However, it serves buyers well to know if a land lease fee applies to a prospective property, and what that might mean in the long run. In this Redfin article, we’ll explain what a land lease fee is and what to consider if you’re looking at a home with a land lease.