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Old 10-09-2014, 10:54 AM
 
322 posts, read 603,095 times
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Ground lease - an owner has land but will lease it to someone to build on it. The group that builds on it runs whatever business and makes their money, but have a landlord they have to pay. This particular deal is for 2 20 yr leases.
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Old 10-09-2014, 06:04 PM
 
Location: Columbus, GA
1,405 posts, read 1,854,052 times
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Quote:
Originally Posted by OldRiverRd View Post
Ground lease - an owner has land but will lease it to someone to build on it. The group that builds on it runs whatever business and makes their money, but have a landlord they have to pay. This particular deal is for 2 20 yr leases.
LOL sorry, I worded that question horribly. I know what a ground lease is. You say look like you were posting an image or something something. Columbus documents state they transfered the land to then through a sale, not s lease for around $600k
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Old 10-09-2014, 06:52 PM
 
322 posts, read 603,095 times
Reputation: 72
Sorry about that. Pulled the warranty deed online from clerk of courts
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