Molokai Island Topics: Leased Lots-fine print

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	Name:	Feb -
	Subject:	Leased Lots-fine print
	Date:	5/10/2005 9:37:54 PM

I would also prefer to own the land - but:

1. The fine print says that you can sell the leased lot once you have built a cabin on the leased lot. Several investors have done this and made a reasonable profit out of the deal.

2. The fine print states that as long as you abide by th contract that you can not be forced off the leased lot without being reimbursed current market value for the improvements.

As in any contract you had best read the fine print to understand your rights and the rights of the other party. APC provides the fine print with the bid package.