Legal Questions and Answers

Get free proposals from vetted lawyers in our marketplace.

GET FREE PROPOSALS
No upfront payment required. Pay only if you hire.

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 174 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.

Meet some lawyers on our platform

Sunnita B.

15 projects on CC
View Profile

Max M.

102 projects on CC
View Profile

Namrita N.

13 projects on CC
View Profile

Richard N.

76 projects on CC
View Profile