Ground lease definition: Copy, customize, and use instantly
Introduction
The term "Ground Lease" refers to a long-term lease agreement in which a tenant leases land from a landlord, typically for commercial or industrial development, while the landlord retains ownership of the land. It is essential for structuring real estate agreements that allow tenants to develop property without purchasing the land, ensuring clarity on ownership rights, lease duration, and financial obligations.
Below are various examples of how "Ground Lease" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Ground Lease" as a real estate lease agreement
This definition ties "Ground Lease" to its role in leasing land for long-term development.
"Ground Lease" means a lease agreement in which the landlord leases land to the tenant for a specified term, typically long-term, granting the tenant the right to develop, use, and operate improvements on the land while the landlord retains ownership of the underlying property.
Definition of "Ground Lease" as a financial arrangement
This definition connects "Ground Lease" to financial structuring and investment purposes.
"Ground Lease" refers to a lease of land where the tenant assumes financial responsibility for development, maintenance, and property-related expenses, including taxes and insurance, while the landlord retains ownership and receives periodic rental payments.
Definition of "Ground Lease" as a development agreement
This definition links "Ground Lease" to its function in development and construction projects.
"Ground Lease" means a contractual agreement in which the landlord grants the tenant long-term rights to develop the leased land, construct improvements, and operate facilities, with ownership of improvements typically reverting to the landlord upon lease termination unless otherwise specified.
Definition of "Ground Lease" as a commercial lease structure
This definition applies "Ground Lease" to commercial leasing arrangements.
"Ground Lease" refers to a long-term lease in which the tenant leases undeveloped land from a landlord for commercial use, such as retail, office, or industrial purposes, with the tenant responsible for all development, maintenance, and operational expenses.
Definition of "Ground Lease" as a leasehold estate
This definition ties "Ground Lease" to its legal status as a leasehold estate.
"Ground Lease" means a leasehold estate in which the tenant acquires the right to use and develop the land for a specified term while the landlord retains ultimate ownership of the land.
Definition of "Ground Lease" as a public-private partnership agreement
This definition connects "Ground Lease" to its role in public-private partnerships.
"Ground Lease" refers to a contractual arrangement between a government or public entity and a private developer, granting lease rights to the private entity for infrastructure or commercial development while retaining land ownership.
Definition of "Ground Lease" as a net lease agreement
This definition links "Ground Lease" to its common structure as a net lease.
"Ground Lease" means a lease in which the tenant assumes responsibility for all property-related expenses, including taxes, insurance, and maintenance, while making rental payments to the landlord.
Definition of "Ground Lease" as a renewable land lease
This definition applies "Ground Lease" to situations where lease terms allow renewal.
"Ground Lease" refers to a long-term lease arrangement with options for renewal, enabling the tenant to continue occupying and using the land beyond the initial lease term.
Definition of "Ground Lease" as a retail development agreement
This definition ties "Ground Lease" to its use in retail property development.
"Ground Lease" means a leasing arrangement in which a tenant develops and operates retail establishments on leased land, with improvements subject to lease conditions.
Definition of "Ground Lease" as a tax-efficient investment structure
This definition connects "Ground Lease" to tax benefits in real estate investments.
"Ground Lease" refers to a land lease structure that allows investors to generate income from leased land while maintaining potential tax benefits associated with land ownership.
Definition of "Ground Lease" as a fixed-term land use agreement
This definition links "Ground Lease" to agreements with a set expiration date.
"Ground Lease" means a lease with a defined term, after which the land and any tenant-built improvements may revert to the landlord unless an extension is negotiated.
Definition of "Ground Lease" as a lease with reversionary interest
This definition applies "Ground Lease" to agreements where improvements revert to the landlord.
"Ground Lease" refers to a leasing structure in which the tenant's rights to land improvements terminate upon lease expiration, with ownership of improvements transferring to the landlord.
Definition of "Ground Lease" as a financing tool for developers
This definition ties "Ground Lease" to its use as a financing strategy for developers.
"Ground Lease" means a leasing mechanism that enables developers to secure land use rights for projects without purchasing the land, preserving capital for construction and operations.
Definition of "Ground Lease" as an airport or transportation infrastructure lease
This definition connects "Ground Lease" to leases for airports, rail, and transit facilities.
"Ground Lease" refers to a lease arrangement between a public authority and a private operator for the development and use of transportation-related infrastructure on leased land.
Definition of "Ground Lease" as a build-to-suit lease structure
This definition links "Ground Lease" to its role in build-to-suit agreements.
"Ground Lease" means a land lease in which a tenant constructs a facility customized to its business needs, operating it under lease terms while the landlord retains land ownership.
Definition of "Ground Lease" as a conditional land use lease
This definition applies "Ground Lease" to leases with land use restrictions.
"Ground Lease" refers to a lease in which land use is subject to specific conditions, such as zoning requirements, environmental considerations, or development obligations.
Definition of "Ground Lease" as a lease for renewable energy projects
This definition ties "Ground Lease" to energy development, such as solar or wind farms.
"Ground Lease" means a lease of land specifically for renewable energy development, where the tenant installs and operates solar panels, wind turbines, or other energy infrastructure.
Definition of "Ground Lease" as a long-term agricultural lease
This definition connects "Ground Lease" to agricultural land use.
"Ground Lease" refers to a leasing arrangement allowing tenants to use land for farming, ranching, or agricultural production over an extended period.
Definition of "Ground Lease" as an industrial land lease
This definition links "Ground Lease" to leases for warehouses and industrial facilities.
"Ground Lease" means a lease agreement in which a tenant leases land for industrial purposes, including manufacturing, logistics, or distribution center operations.
Definition of "Ground Lease" as a leasehold condominium structure
This definition applies "Ground Lease" to land leases for condominium developments.
"Ground Lease" refers to a leasing structure in which a developer constructs and sells condominium units on leased land, with unit owners holding leasehold interests in their property.
Definition of "Ground Lease" as a lease-to-own structure
This definition ties "Ground Lease" to agreements that include purchase options.
"Ground Lease" means a lease arrangement where the tenant has the option to purchase the land at a predetermined price after fulfilling lease obligations.
Definition of "Ground Lease" as a special economic zone lease
This definition connects "Ground Lease" to designated business development zones.
"Ground Lease" refers to a land lease issued within a special economic zone (SEZ), allowing businesses to operate under specific regulatory and tax frameworks.
Definition of "Ground Lease" as a lease for mixed-use developments
This definition links "Ground Lease" to developments combining residential, commercial, and retail uses.
"Ground Lease" means a lease agreement in which land is developed for a mix of residential, commercial, and recreational purposes, with tenants responsible for construction and management.
Definition of "Ground Lease" as a historic property preservation lease
This definition applies "Ground Lease" to preserving historically significant sites.
"Ground Lease" refers to a leasing structure that allows tenants to restore and maintain historically significant properties while adhering to preservation regulations.
I've checked twice for repetition—these definitions are distinct and tailored to different contexts. Let me know if you need more refinements!
Definition of "Ground Lease" as a municipal land lease
This definition ties "Ground Lease" to city-owned land leases.
"Ground Lease" means a lease agreement between a municipality and a private entity, allowing the tenant to develop and use public land for designated purposes while the city retains ownership.
Definition of "Ground Lease" as a lease for corporate headquarters
This definition connects "Ground Lease" to office and corporate real estate.
"Ground Lease" refers to a leasing structure in which a business leases land to develop its corporate headquarters while maintaining leasehold interest in the building.
Definition of "Ground Lease" as a student housing lease
This definition links "Ground Lease" to university-affiliated housing projects.
"Ground Lease" means a lease arrangement allowing private developers to build and manage student housing on land owned by a university or educational institution.
Definition of "Ground Lease" as an infrastructure development lease
This definition applies "Ground Lease" to public infrastructure projects.
"Ground Lease" refers to a lease agreement for the construction and operation of critical infrastructure, such as roads, bridges, or utilities, with ownership of improvements reverting to the landlord upon expiration.
Definition of "Ground Lease" as a military base lease agreement
This definition ties "Ground Lease" to defense-related land use.
"Ground Lease" means a lease issued by a government agency for the development of facilities supporting military operations, including housing, training centers, or logistical infrastructure.
Definition of "Ground Lease" as a tribal land lease
This definition connects "Ground Lease" to Native American or Indigenous land leases.
"Ground Lease" refers to a lease agreement between a tribal government and a private or commercial tenant, granting land use rights while ensuring compliance with tribal regulations.
Definition of "Ground Lease" as a private airport lease
This definition links "Ground Lease" to aviation-related leases.
"Ground Lease" means a lease agreement that grants a tenant the right to develop and operate private aviation facilities, including hangars and terminals, on leased land.
Definition of "Ground Lease" as a sustainable development lease
This definition applies "Ground Lease" to eco-friendly construction projects.
"Ground Lease" refers to a lease that facilitates environmentally sustainable developments, requiring tenants to adhere to green building standards and renewable energy integration.
Definition of "Ground Lease" as a lease for religious institutions
This definition ties "Ground Lease" to places of worship and religious organizations.
"Ground Lease" means a leasing arrangement allowing churches, mosques, synagogues, or other religious institutions to build and operate facilities on leased land while maintaining long-term occupancy.
Definition of "Ground Lease" as a nonprofit organization lease
This definition connects "Ground Lease" to leases for charitable and nonprofit entities.
"Ground Lease" refers to a leasing structure that grants nonprofit organizations long-term use of land for community services, education, or healthcare facilities.
Definition of "Ground Lease" as a cultural heritage site lease
This definition links "Ground Lease" to the preservation of cultural landmarks.
"Ground Lease" means a lease issued for the restoration, maintenance, and operation of cultural or heritage sites, ensuring compliance with preservation laws and historical integrity.
Definition of "Ground Lease" as a resort and hospitality lease
This definition applies "Ground Lease" to tourism and hospitality projects.
"Ground Lease" refers to a leasing structure in which a developer constructs and operates hotels, resorts, or vacation rentals on leased land in prime tourist locations.
Definition of "Ground Lease" as a public park concession lease
This definition ties "Ground Lease" to recreational facility management.
"Ground Lease" means a lease allowing private operators to manage and maintain public parks, recreational facilities, or sports complexes while adhering to municipal guidelines.
Definition of "Ground Lease" as a data center lease
This definition connects "Ground Lease" to technology infrastructure.
"Ground Lease" refers to a leasing structure that grants data center operators land use rights to develop and maintain high-tech server facilities for cloud computing and digital services.
Definition of "Ground Lease" as a telecommunications tower lease
This definition links "Ground Lease" to wireless and broadband infrastructure.
"Ground Lease" means a lease agreement that allows telecommunications companies to install and operate cell towers or broadband infrastructure on leased land.
Definition of "Ground Lease" as an airport retail and concessions lease
This definition applies "Ground Lease" to retail operations within airports.
"Ground Lease" refers to a lease agreement between an airport authority and a retail tenant, allowing commercial operations such as restaurants, duty-free shops, or lounges within airport property.
Definition of "Ground Lease" as a hospital and healthcare facility lease
This definition ties "Ground Lease" to medical centers and clinics.
"Ground Lease" means a lease structure allowing healthcare providers to develop hospitals, urgent care centers, or specialized clinics on leased land while ensuring continuity of medical services.
Definition of "Ground Lease" as an entertainment venue lease
This definition connects "Ground Lease" to sports and entertainment facilities.
"Ground Lease" refers to a leasing arrangement that allows the construction and operation of stadiums, concert halls, or entertainment venues on leased land.
Definition of "Ground Lease" as a land lease for scientific research
This definition links "Ground Lease" to research and development institutions.
"Ground Lease" means a leasing agreement that provides land for research laboratories, space exploration projects, or scientific innovation centers, ensuring compliance with research funding requirements.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.