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Mr. Stein specializes in financing and land leases and has also written five books on commercial real estate.
There are 144 years remaining on the lease of this villa, and almost all land leases are renewed, she said.
While new Russian military bases provided a sense of security, the increase in Russians buying up land leases proved controversial.
Mr. Sorensen has a task force considering whether Greek groups should lose their low-cost land leases if they discriminate.
"Land, leases, contracts, refusals, deeds, agreements, interests and all that sort of talk is all they can comprehend.
Typically, small entrepreneurs strike deals for long-term land leases with farmers and seek local government approval for wind parks.
Similar(10)
The deal-breaker was that the building has a land lease, which means it stands on leased land.
The proprietary lease cannot be extended beyond the expiration of the land lease.
As is common in St. Maarten, it is on land leased by the government.
They had claimed title to pastoral land leased to white farmers in 1915.
Foreigners qualify instead for a kind of junior land lease known as "right of use".
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