[Stentor]

You really don’t own that land, you just rent it.

Isn't there a category of deed that gives you absolute ownership? I know freehold is one name. I don't think it exists in the US. There's another name for it.

[Sopater]

Isn't there a category of deed that gives you absolute ownership? I know freehold is one name. I don't think it exists in the US. There's another name for it.

Not sure, but do you pay property taxes (rent) on it? Just try skipping your rent payments and we'll see who winds up possessing the land.

[mumblypeg]

Look closely at each state’s property tax exemptions, and then at retirement relocation incentives offered in many states and towns.
I know Louisiana’s property tax exemption is $75k, and in many parts of LA you can buy a decent home for under $100k. So you’re taxed only on that extra $25k. Some towns even write off all property tax for folks over 65.
Of course, LA has state income tax-—BUT, again, many of the little towns exempt retirees over 65 from paying all or part of this, in addition to the property tax write offs.
The idea is to induce retirees-—who tend to be low crime risk-—to move there and shop in their stores. The city will make money from sales taxes.

[JDoutrider]

Allodial title...