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[theme music playing] Hi, Im Marley Dias. Welcome to Bookmarks: Celebrating Black Voices. Sulwe is a fable about a young girl who is unhappy with how she looks and how she learns to appreciate her beauty. Sulwe is going to be read to us by its author, Academy Award-winning actress, producer, and writer, Lupita Nyongo. with illustrations by Vashti Harrison. Hi, Im Lupita Nyongo. And I wrote a book called Sulwe. And Im going to read it to you right now. Sulwe was born the color of midnight. She looked nothing like her family. Not even a little, not even at all. Mama was the color of dawn, Baba the color of dusk, and Mich, her sister, was the color of high noon. Hardly anyone at school looked like Sulwe either. -[children laughing] -People gave her sister, Mich, pet names like Sunshine and Ray and Beauty. People gave Sulwe names like Blackie and Darky and Night. Sulwe felt hurt every time. So she hid away while her sister made lots of friends. Sulwe dreamed of being

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What are the negatives of a land lease?

With a leased-land property, you risk losing all of your equity at lease expiration, depending on the terms of the surrender clause. The resale of the home is likely to be more difficult than the resale of a traditional home, especially because with each passing year, the remaining term on the lease shortens.

Why is land lease important?

With a land lease, your tenant saves the upfront costs of buying land. That gives them valuable extra liquidity that they can put towards improvements to the land or other projects. Land leases can provide tenants with access to excellent locations that they may otherwise be unable to access.

What is the biggest advantage of a ground lease?

The benefits of a ground lease Ground leases allow landlords to retain control over their land while simultaneously receiving a steady income. If executed properly, they can be a win-win scenario for both parties. Land leasing also allows for flexibility and specialized financing mechanisms.

What is a leasehold interest in real estate?

A leasehold interest is a contract in which an individual or entity, or in real estate terms, a lessee, leases a parcel of land from an owner or lessor for a set period of time. The lessee has the exclusive rights to possess and use as an asset or property for the specified period of time.

What are the disadvantages of a land lease?

Disadvantages of a land lease The cost of leasing the land can increase each time your lease is renewed. Unlike traditional homeowners, youll build equity only on your home, not the land. Selling a home on leased land may be difficult.

What are the pros and cons of a land lease?

With a land lease agreement (also known as a ground lease), you purchase the home but rent the land. One of the main advantages is the lower price of this unique arrangement. One of the main disadvantages is that you will not be able to build valuable equity in the land on which you live.

What is a lease precis?

The summary includes prompts for information about the leases key provisions (such as the term, rent reviews and the repairing covenants). The report also includes spaces for including details of related documents and arrangements (such as side letters and licences or consents granted under the lease).

What is the meaning of lease land?

What is a land lease? A land lease, also known as a ground lease, is an arrangement in which a landowner the lessor, in legal terminology rents out the land to a tenant, or the lessee. A land lease can be used to purchase a home plus land, or simply to purchase land that you plan to develop later on.

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