Quote:
Originally Posted by Sly
99 year contracts are fairly common.
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When my home-town burned to the ground years ago, a farmer leased off 50x100 plots for the town to rebuild upon. $1 a month for 100 years or something stupid like that. That lease finally ran out a couple years ago after handed down and 3 generations born to it in that old house. My grandparents didnt bother buying out in the end, when my grampa died, my nan just gave the land back to the corporation that now owns the lands RIGHT before some natives set fire to it before recouping all the wood. Was more expensive in land taxes than the lease rate as well as the buy-out. Pointless... so the fire actually saved some money, too lol
Many communities are like this, using old leases at dirt-cheap prices. So, it's worth handing down.