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What will happen to the Limited Warranty Deed if the lease is not renewed? Does this mean that I will pay for the lot & build a house but will release ownership when the lease expires?

April 26, 2017build deed lease limited mean pay warranty

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What will happen to the Limited Warranty Deed if the lease is not renewed? Does this mean that I will pay for the lot & build a house but will release ownership when the lease expires?

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Should the lease not be renewed, the property including all improvements will be returned to BCDA. The likelihood of this happening though is quite remote.