depends how the title is held...actually...that is just how a small company does it(and large companies)....and also on individual basis..the lease becomes an expense...it is transparent...and correct accounting--not sure if this is in play here...but read up on "land trusts" ..or "trusts" in general..and you will get a better feel for it
kind of like borrowing on a cd....the cd is security for the loan...you are getting 5 points on the cd...the loan is 7 points...your net is 2 points of interest paid on the loan--i would have played this as a trustee/beneficiary agreement..one holds ownership..the other holds the benefits...it can be changed easily...is transparent....but one can't do anything without the other..and all on a per agreement...it keeps things private and secure when it comes to creditors---even if this is not the case...i would think that it would be similar...that's just how you do it--nothing better than owning something....by not owning it---go look at my profile page under interests/hobbies....i dig this kind of thing--have fun!
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