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Real Estate Glossary

Ground Lease

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Written by Richard Wilson

This is a lease structure that includes only the land or the ground. The property is typically leased for a finite period to a tenant who establishes a building on site. A ground lease separates the ownership of land from the ownership of any improvements or buildings that are assembled on the property.

This is a lease structure that includes only the land or the ground. The property is typically leased for a finite period to a tenant who establishes a building on site. A ground lease separates the ownership of land from the ownership of any improvements or buildings that are assembled on the property.

About the author

Richard Wilson