Land Use Permit (LUP) Question

[caseymcq]

I have seen a lot of LUP's with outpost cabins for sale on various Canadian realator's web sites. They seem relatively cheap. What's the catch?

Does it mean that if you purchase it you still have to have some sort of commercial operation?

Are there conditions in the LUP as to what you can and can not do on the area you purchase?

Is there any way to convert it from a LUP to a piece of land you actually own?

Thanks for any info.

[LMFlyin]

Depends on the LUP, basically the better the LUP or lake that the LUP sits on the more value it will carry. There is no way to convert to land you can own. The LUP has to be used commerically also, the MNR will give a year or 2 here and there such as for remodeling etc with out being use but if they are not being used they can be revoked. Ive seen this happened around. Certain restrictions do also apply. Such as bed criteria where the LUP or cabin can sleep so many at 1 time, how many boats etc. In your case if you want to place in Canada, look towards the deeded land/cabins. As you also must hold a tourism lic to have the LUP lic too otherwise you can not hold the LUP to your name. Hope this helps your question.