View Single Post
 
Old 09-28-2019, 05:17 AM
retiredguy123 retiredguy123 is online now
Sage
Join Date: Feb 2016
Posts: 13,953
Thanks: 2,275
Thanked 13,419 Times in 5,109 Posts
Default

Quote:
Originally Posted by Martian View Post
There is one little thing about OTOTW (I think) in that you don't actually OWN the land, you get a 100 year lease on it, then it reverts to the developer. At least I read that one the internet and so it must be true!
Yes, it is true. The On Top of the World development in Ocala uses 100 year land leases. So you don't actually own the land that your house is built on.