January 2016

Found 1 blog entry for January 2016.

Jan 20

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Laguna Beach is home to a wide variety of condos that range from ocean front to panoramic ocean views. For the most part, most of these condos are not on lease land which means the land from which the condos are located under are shared in ownership. There are a few exceptions, like the condos located at the Aliso Laguna complex located on Ocean Vista Drive in Laguna Beach. The complex was built in the mid 1960’s with the land being leased to all the current owners of the building. A lease land situation can be risky since when the lease is due the land can be sold. There are two ways in which the land fee is paid.

First, the most traditional method of paying a lease land would be paying a fixed amount every month just like a normal lease. This would