Found 2 blog entries tagged as fee simple land.

If you’re in the Palm Springs real estate market, 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 ways of owning property in the Palm Springs area could mean for you.

Palm Springs Fee Land History

To understand the nuances of why these two ways of owning land in Palm Springs exist, a quick look back at the area's history 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 Caliente band of Cahuilla Indians, and…

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view of palm springs, california from simonetta kennett viewpoint

OK, it’s not really invisible.

But it is a map that won’t show up on Google Maps or your nav system. And it is a map you’re going to want to refer to when you’re looking for Palm Springs real estate.

We’re talking about a map that indicates where the fee simple and lease land is in the city of Palm Springs and the surrounding area. People searching for homes to buy in Palm Springs may be unfamiliar with the concept, that is, the difference between fee simple (or just plain “fee”) and lease land because they come from someplace with only fee land.

And it’s confusing because fee land sounds like you have to pay a “fee.” But it’s lease land where you need to make a (usually) monthly payment, basically like rent, because you don’t own the…

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