Ground Lease In Commercial Real Estate

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A ground lease is a type of long-term lease contract that permits the occupant to construct on and make significant improvements to the leased residential or commercial property. Ground leases typically last in between 50-99 years, and normally state that the residential or commercial property and all enhancements made during the lease will go back to the property manager after the termination of the lease.


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What is a Ground Lease?


A ground lease is a kind of long-lasting lease agreement that permits the occupant to construct on and make considerable improvements to the rented residential or commercial property. Ground leases usually last in between 50-99 years, and usually specify that the residential or commercial property and all enhancements made throughout the lease will revert to the proprietor after the termination of the lease.