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PROS & CONS OF SALE/LEASE EASEMENT <br /> SALE LEASE EASEMENT <br /> Ownership Transfer upon sale. Retained Retained <br /> Use Exclusive Exclusive Shared <br /> Money/Value Fair market value. Lease rent based on fair Proportional rent based on fair <br /> market value. mazket value (typically based <br /> on 10-40%). <br /> Liability Transferred to new Usually covered by Lessee; Usually shared based on use. <br /> owner. owner may still have <br /> exposure. <br /> Real property tax Paid by new owner. Typically paid by Lessee. Usually paid by owner. <br /> Ability to Yes. With Lessor's consent. With Grantor's consent. <br /> <br /> convey/transfer <br /> <br /> Control over property. All in owner. In compliance with lease. In compliance with easement. <br /> Length Permanent Term of lease. Term ofeasement/use. <br /> Legal lot Separate lot. Separate lot. Single lot. <br /> <br />