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What is the difference in a leased property and a deeded property?

April 26, 2017deeded difference leased Property

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What is the difference in a leased property and a deeded property?

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A. A leased property is a right to use and will expire in a certain number of years. Those years can be from 20 to 99. It is important to verify that you can transfer your property if it is a right to use property. A deeded property means that you have a deed for the rest of your life and your heirs will inherit the property.