75 Year hangar lease

Here in Salisbury, NC, the owners of portable hangars were just told they
had 30 days to remove their hangars. They leased land without the right to
a long term lease. For the moment the County has relented but without that
long-term lease, the County is just being nice.

At McClellan-Palomar, California, the airport owner told some 100 hangar
leasees that the hangars they leased were going to be torn down and they had
to find some other airport to operate from. These people may not have built
these hangars but the lesson is the same. Unless you have a long term lease
to airport property, your lease can, and might be terminated.

http://www.palomarairportassociation...master&PAGE_us
er_op=view_page&PAGE_id=13&MMN_position=19:19

--Kent


From: "abripl"
Organization: http://groups.google.com
Newsgroups: rec.aviation.homebuilt
Date: 30 Mar 2005 17:54:37 -0800
Subject: 75 Year hangar lease

BTW. I did ask for one real example of a problem with normal 5-10 year
leases. Are we trying to fix a problem that does not exist?