Legal Question in Real Estate Law in New York
leasing property for 100 years
I have been paying a portion of yearly property taxes and I have paid a $1000.00 for a 100 year lease.Can she sell the land which I had built my cabin on,what do I do where do go about this PLEASE HELP...
Asked on 8/29/06, 9:41 pm
1 Answer from Attorneys
Debra Palazzo
Law Offices of Debra Palazzo, LLC
Re: leasing property for 100 years
It sounds like you have a land lease on which you built a cabin. Assuming the lease is in writing and properly signed, the owner may sell the land but it should not effect you/your lease in any way.
If there are further facts involved, pls feel free to e-mail me for a further response
Answered on 8/29/06, 10:10 pm