Templates
Property management
Ground Lease Agreement Template

Ground Lease Agreement Template

A Ground Lease Agreement is a contract between a landowner and a tenant that allows the tenant to lease the land for a long period, often to develop or use it for commercial or residential purposes. It clearly states the lease term, rent amount and the responsibilities for taxes, maintenance and improvements during the lease period.

Originally published by luminpdf.com

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Ground Lease Agreement for leasing land while allowing the tenant to develop and use the property

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Used 110 times

Frequently asked questions

A Ground Lease Agreement is a long-term lease between a property owner and a tenant, where the tenant can use the land for development or business while the landowner retains ownership. These agreements include terms about rent, land use and responsibilities such as paying property taxes or maintaining improvements. At the end of the lease, any improvements may revert to the landowner depending on the terms.
Property owners and prospective tenants or developers complete this agreement when leasing land for commercial, industrial or long-term residential use.
Once signed, the agreement should be filed with your attorney, recorded with your county office if required and kept by both parties for legal and reference purposes.

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