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Would MH construction projects on Indian trust land be considered even the lease terms on trust land can only be for 50 years (25 years with renewable provisions for an additional 25)?

April 26, 2017Construction indian land lease Projects terms Trust

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Would MH construction projects on Indian trust land be considered even the lease terms on trust land can only be for 50 years (25 years with renewable provisions for an additional 25)?

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Yes. In most cases, leases that exceed the terms of the financing used to purchase the home would be considered as “long-term” and therefore contributing to the security of tenure of MH owners.