Long-term lease of land only, where the tenant owns all improvements constructed on the land during the lease term. Commonly used for commercial development, ground-up construction, and major retail or hospitality projects.
The Ground Lease is a ready-to-use real estate template you can send for signature in minutes. It is written for 2 signers (landlord and tenant) and, by default, expires 30 days after it is sent if left unsigned. It covers commercial, ground lease, land lease, development, real estate, long term. Like every Abundera Sign template it is a convenience draft structured for ESIGN Act and UETA compliance, not a substitute for legal advice. Each signed copy is sealed with PAdES-LTA digital signatures, dual RFC 3161 timestamps, and a tamper-evident evidence package in WORM storage.
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# Ground Lease This Ground Lease Agreement ("Agreement") is entered into as of ___________, by and between: **Landlord (Land Owner):** ___________, a ___________ ("Landlord"), with a principal address of ___________. **Tenant (Ground Lessee):** ___________, a ___________ ("Tenant"), with a principal address of ___________. --- ## 1. Land Demised Landlord hereby leases to Tenant the land described in Exhibit A attached hereto, consisting of approximately ___________ acres (___________ square feet), located at ___________, in ___________, ___________ (APN: ___________) ("Land"). **Included Appurtenances:** The leasehold estate includes all easements, rights-of-way, air rights, mineral rights (surface entry only), and other appurtenances belonging to or benefiting the Land, except as expressly reserved by Landlord below. **Landlord's Reserved Rights:** ___________ (e.g., subsurface mineral rights, utility easements benefiting other Landlord parcels). ## 2. Ground Lease Term ### 2.1 Initial Term **Commencement Date:** ___________ **Expiration Date:** ___________ The initial ground lease term shall be ___________ years ("Initial Term"). ### 2.2 Renewal Options Tenant shall have ___________, exercisable by written notice delivered to Landlord no later than ___________ months prior to expiration of the then-current term. The total lease term (including all renewal options) shall not exceed ___________ years. ### 2.3 Development Period During the first ___________ months ("Development Period"), Tenant shall have the right to obtain permits, financing, and commence construction. Rent during the Development Period shall be ___________. ## 3. Ground Rent ### 3.1 Base Ground Rent