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What is a Ground Lease?

A ground lease is a long-term agreement where a landowner (lessor) leases land to a tenant (lessee) for a specific period, typically 50 to 99 years.


  • Land Ownership: The landowner retains ownership of the land itself.

  • Building Ownership: The tenant owns the buildings and improvements constructed on the leased land.

  • Rent Payments: The tenant pays ground rent to the landowner for the use of the land.

A common example is a department store chain that leases land from a property owner and constructs its own building on the land. The store pays ground rent to the landowner while owning and operating the building.


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1 Comment


The period of ground lease is so long, that most government gives permits to use the land. More we can come to know about to get the ground lease.


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