No, leasehold is pretty common in various parts of the world, will get you contracts commonly encountered... starting with London and other cities in the UK, Thailand and very often where ever you have a land problem or a problem to access it because of regulation. In many parts of the world you cannot access land as an alien which is fair because otherwise when land avalaibility is difficult, first victims are always locals and most gov don't let it happen, sparkles trouble, best way to regulate is lease.