One dollar a year is Free Rent.
Your math skills are as poor as your legal skills.
$0.00/year is "free rent".
$1.00/year is a legally recognized amount.
Please keep playing, you have been the sole entertainment value in this thread thus far.
Did you read my post with the other source? The BSA built the building, and they pay $60,000/year to maintain it. They’ve invested millions to refurbish it.
So, the situation is different from what the article suggests. If they can, they should demolish the building as they’re leaving. Or the city should at least pay top dollar for it.
No it isn't. It's a rental contract. In fact all cities use that contract to avoid just that argument you are trying to make.
Not when the rental agreement included building a valuable and durable structure on the property. And not legally either as others have pointed out.
I once bought some real estate for "$10 and other valuable consideration." The legal document was final and binding. It also provided good cover when I sold the real estate and some of my enemies searched the public records in frustration to learn what I had paid for it. They even sicced an IRS tax auditor on me. The auditor lost interest as soon as the truth was shown to him.