ngureco profile image 94

Why Are Leases Limited To 99-Year Terms and 999-Year Tearm?

asked by ngureco 5 months ago

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shirleybill profile image

shirleybill says

The main reason behind the leases is that:

No one lives to be that old, and if they do, they are normally in a retirement or nursing home.

Leases cannot be willed.

Leases are not normally transferable.

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