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A ground lease is a kind of long-lasting lease agreement that allows the occupant to build on and make significant improvements to the leased residential or commercial property. Ground leases typically last in between 50-99 years, and typically stipulate that the residential or commercial property and all improvements made throughout the lease will go back to the property owner after the termination of the lease.

What is a Ground Lease?
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Ground Leases and Escalation Clauses
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What is a Ground Lease?

A ground lease is a type of long-lasting lease contract that enables the tenant to construct on and make substantial enhancements to the rented residential or commercial property. Ground leases generally last in between 50-99 years, and generally specify that the residential or commercial property and all improvements made during the lease will go back to the property manager after the termination of the lease.