A ground lease is a kind of long-term lease agreement that permits the tenant to build on and make significant enhancements to the rented residential or commercial property. Ground leases usually last between 50-99 years, and typically specify that the residential or commercial property and all improvements made throughout the lease will revert to the property owner after the termination of the lease.
What is a Ground Lease?
Who Benefits From Ground Leases?
Kinds Of Ground Leases
Lease Assignment and Ground Leases
Leasehold Financing for Ground Lease Tenants
Ground Leases and Escalation Clauses
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What is a Ground Lease?
A ground lease is a type of long-term lease contract that allows the occupant to construct on and make considerable improvements to the leased residential or commercial property. Ground leases usually last in between 50-99 years, and typically specify that the residential or commercial property and all improvements made throughout the lease will go back to the landlord after the termination of the lease.