If you’re in the market for Palm Springs real estate, navigating the complexities of fee land can seem overwhelming.
To help you better understand this complex subject, we’ll be breaking it down with a simple explanation of fee land as it compares to lease land and what these two different ways of owning property in the Palm Springs area could mean for you.
Palm Springs Fee Land History
To really understand the nuances of why these two ways of owning land in Palm Springs exist, a quick look back at the history of the area will help.
In the late 19th century, when the American government was dividing up the land, they created a checkerboard pattern of one square mile patches of land in which every other square was owned by the Agua…