Posted by ray@lcorn on May 02, 2000 at 22:03:37:
My guess is that someone is selling a property with a ground lease. A typical ground lease is when a business builds and owns its building on a piece of ground that is leased from the owner. Like any other stream of cash flow, that lease has VALUE. The seller may be selling the lease, or the ground and the lease, or part of the lease. I would call and see.