Originally Posted by
full of luv
In Hawaii, many properties are sold as "leasehold" because the department of Hawaiian Homeland Trust (and sometimes other entities) are the owner of the land and manages much of it via "leasehold" titles. This is relatively rare in the contiguous states and most centers around Indian reservations in the contiguous states.
Actually common enough for park land cabins. Cabins are allowed on some park lands but the land is still owned by the government, and the lease is for a finite period. Sometimes the land is reclaimed at the end of the term, more often renewed.