Comment Comment by anamax > if the bank owns the land as in a mortgageIn the US at least, mortgages are on both the land and the buildings.Getting easy details like this wrong suggest that you don't actually understand how property works.I get that you have a theory with properties that you and some equations, but that doesn't imply that your equations accurately reflect reality.As the saying goes, reality has a surprising amount of detail. parent anamax 4 years ago
In the US at least, mortgages are on both the land and the buildings.
Getting easy details like this wrong suggest that you don't actually understand how property works.
I get that you have a theory with properties that you and some equations, but that doesn't imply that your equations accurately reflect reality.
As the saying goes, reality has a surprising amount of detail.