We recently had a client who was interested in purchasing a condo in the Laguna Lido complex in Laguna Beach. The listing had mentioned that the condo was on a leasehold interest. The listing broker remarks on the listing goes on to say that the "Sellers (Lessees) have the LEASE HOLD Interest until 2059". It goes on to say that the "Lessee pays for HOA, Annual Lease fee of $11,643,21. plus Taxes, Insurance and Utilities. At the end of lease Term, Lease Hold Interest reverts back to Lessor." Our client wanted to get more information on this since they thought they say some other listings in the Laguna Lido that did not have leasehold interest so we did some checking. After reviewing previous listings in this complex we noticed a fair number of units
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Found 3 blog entries tagged as "Laguna Lido Laguna Beach".
Laguna Lido Pet Policy
4,193 Views, 0 CommentsThe Laguna Lido has recently updated their pet policy when it comes to those who are planning to rent a condo in the complex. This includes those looking to do a long term lease and those looking for vacation rentals as well. According to several owners in the building the policy does not effect owners who live there as they are still allowed to have pets. The rule takes aim at those looking to rent at the Laguna Lido as renters are not allowed to have pets. We recently had some clients who were looking to rent the property for one month in the summer time and were told by multiple owners that the new policy does not allow for them to have pets, only for the owners.
Located on the oceanfront, the Laguna Lido is widely considered one of the top
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