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State of Rev. 133C58EGROUND LEASE AGREEMENTThis Ground Lease Agreement (this Agreement) is entered into as of the day of , 20 , (the Effective Date) by and between , an individual located at (Landlord).

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There are three categories of leases when it comes to commercial real estate: Gross Lease (also known as Full Service Lease), Net Lease, and Modified Gross Lease. The main similarity among these leases is that they all provide a base rent with variations around who pays for which operational expense.

Which transaction is best described as involving a ground lease? A landlord charges a commercial tenant separate amounts for the land and the leased building.

A ground lease involves leasing land for a long-term period—typically for 50 to 99 years—to a tenant who constructs a building on the property. A 99-year lease is generally the longest possible lease term for a piece of real estate property.

A ground lease allows a tenant to develop commercial property ing to their needs. Typically, they run for terms of 50 to 99 years and provide that any capital improvements made belong to the landlord.

Cons Lease agreement is harder to get out of. Getting a mortgage can be difficult. Responsible for paying insurance, taxes, repairs and maintenance costs. Not building home equity.

A 99-year lease is generally the longest possible lease term for a piece of real estate property. It used to be the longest possible under common law.

Ground leases are considered a type of net lease usually seen with unimproved land. The landowner leases the ground to a tenant who builds on the property. You have a ground lease for a property that has a mom-and-pop restaurant on it.

Lease agreements tend to last in 12-month periods for up to five or ten years. Rental agreements are much shorter and typically last only thirty days. It is also worth noting that residential lease agreements typically use the term rent.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232