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What is a ground lease?
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27th Feb 2011 by admint
A ground lease is a type of lease wherein the tenant can build a structure on the land being rented while he is leasing it. It is a long term lease of around 10 years or more. After the term of lease, the structure or any improvements on the land will be legally transferred to the owner of the land.
A ground lease is a type of lease wherein the tenant can build a structure on the land being rented while he is leasing it. It is a long term lease of around 10 years or more. After the term of lease, the structure or any improvements on the land will be legally transferred to the owner of the land.
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17th Nov 2009 In Leasing
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