A ground lease is a lease agreement in which the tenant leases the land but does not own the building on the land.
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I really appreciate you sharing this info about ground leases – it’s definitely something people don’t always know much about. A ground lease, as you mentioned, allows tenants to lease the land but not own the building on it. It can be a strategic option for businesses that need the land for development but don’t want to invest in purchasing the property.
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A ground lease is an agreement in which a tenant is permitted to develop a piece of property during the lease period. after which the land and all improvements are turned over to the property owner.
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