Legal Question in Real Estate Law in California

Re: building ownership

You are asking the wrong questions, and you will not be able to help yourself. If you are seriously interested in protecting your interests, you may consult an attorney.

Best,

Daniel Bakondi, Esq.

IMPORTANT:

No attorney-client nor confidential relationship is created through this communication. You may not rely in any way on this communication, and nothing herein constitutes legal advice nor legal opinion. Your issue may be time sensitive and may result in loss of rights if you do not obtain an attorney immediately.

Re: building ownership

Yes - you can own the "improvements" on any type of real property in California, but have a ground lease or license for the use of the land beneath the building. Assuming that the ground lease is 35 years or longer, you are pressumed in California to have a leasehold interest in the land, but it is not ownership. Further, a Condominium is essentially ownership of the airspace within the building, and not the actual building nor the ground beneath the building, and you can have commercial condominiums in California.

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