A land lease can be used to purchase a home plus land, or simply to purchase land that you plan to build a house ... buildings in New York City, for example, are built on land leases.

On its face, leasing looks more affordable than buying because the monthly payments are usually lower. Let’s say, for example ... If you plan to get a loan, shop among local banks and credit ...

A land lease, also known as a ground lease, is an arrangement in which a landowner (the lessor, in legal terminology) rents out the land to a tenant (or the lessee). A land lease can be used to ...