Ground Leasing

Ground Leasing

Ground leases, often called land leases, are simply a lease of the land only. Usually land is leased for a relatively long period of time to a tenant that constructs a building on the property. A ground lease separates ownership of the land from ownership of the building and improvements constructed on the land. Explainer here.

Ground leases can be used to create new development sites – such as church parking lots and backyard homes.

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