Real Estate
Real Estate Contract
Illinois
Asked on Mar 27, 2022
what is better to buy land or rent for construction in US?
we are a construction company from Ukraine, we are planning to build a cottage town in the USA
1 Attorney answer
Answer
Real Estate
Illinois
Answered 1015 days ago
T. Phillip B.
ContractsCounsel verified
Business Lawyer
Licensed in Illinois
Free Consultation
I suppose it doesn't matter if you have the lease giving you permission and the lease is long enough to justify the building expense when you won't own it. But I'd buy the land so you could eventually sell the property with the building on it.
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