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Re: greenspirit post# 58251

Tuesday, 08/29/2006 4:08:35 AM

Tuesday, August 29, 2006 4:08:35 AM

Post# of 311080
greenspirit - you are talking perpetual usufructs - which are very common not only in china but in europe as well - in simple terms they work like a lease

you put 25% upfront - and than the rest of the payments are usually scattered over 99 years - after 99 years you have the option to do it over again

the value of the usufruct is revised every x amount of years

china - also does 30 year operating leases

again it is very common
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