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The building was separated from the land. The new "owners" have to pay a land lease. My grandparents bought the lot next to their house. A business leased the
by teslabox 2y ago
The building was separated from the land. The new "owners" have to pay a land lease.
My grandparents bought the lot next to their house. A business leased the land from them to build a business, then walked away from their building after 10 or 20 years.
https://en.wikipedia.org/wiki/Lease#Leases_of_land https://en.wikipedia.org/wiki/Lease#Leases_of_land