Ground lease Term Meaning in Real Estate - Guide

A ground lease is an agreement which permits the tenant to develop a piece of property during the lease period

Devika Arora

7 years ago

Published Date: May 02, 2018

Updated Date: Mar 27, 2024

A ground lease is an agreement which permits the tenant to develop a piece of property during the lease period.

After the lease period, the land and the improvements will be owned by the property owner unless an exception is made.

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