[quote=Trojan4Life]I am familiar with the “fee simple” terminology in Hawaii RE regarding condo purchases, but I stumble across a listing here in SD that was my first experience seeing a “ground lease” expiration disclosure in the listing. Do any of you have any experience in this area and does the lease generally get renewed. The property is steeply discounted, however it is risky if no renewal occurs. Leave is set to expire in 2027.
Thanks, been away a while, nice to be back on the board.[/quote]
You are talking about the high rise in oceanside correct?