Previously , the plan ,…

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019-8289

Comment ID

100535

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Previously , the plan , before recent short term extensions , had been that , on the death of the leasee , no one but their spouse could continue the lease until the end . That should still be the case if the 2038 extension is approved . In short , if the extension is granted , there should be no room for real estate speculation and the attendant financial windfall that would occur . Any sales of property on leased land should involve the removal of said property from the park . Buy a house from a leaseholder and all you get is the house , not the lease . Is this the status of the current proposal or will sales of property allow the buyer to assume the lease until 2038 ?