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Ground Leases and Leasehold Condominiums: Structuring Development When Land Can’t Be Conveyed

By Condominiums, Home Builder, Leasing, Mixed-Use, Multifamily

When a developer encounters a landowner unwilling—or unable—to convey fee title, the project doesn’t have to stop. In Texas and other jurisdictions following the Uniform Condominium Act, the leasehold condominium provides a practical and financeable alternative for structuring mixed-use, residential,…

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