LindaA14 (Colorado)
Posts: 1
Posts: 1
Posted:
Can a HOA in the state of Colorado, sign a 99 year contract to lease property for pleasure usage and assume all liability on said property?
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contract for 99 year lease on a piece of unowned property
Started by LindaA14 • 2 replies • 479 views
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GenoS (Florida)
Posts: 4,276
Posts: 4,276
Posted:
Unowned? Ask your attorney.
MelissaP1 (Alabama)
Posts: 13,836
Posts: 13,836
Posted:
I know in Mississippi they have such arrangements with their casinos. They sign a 99 year lease with the farmers in surrounding area. Also have to put the casinos on barges because not allowed to touch the land. Odd but it's the legal way they can use the property for pleasure purposes...
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