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Posts tagged "Ground Leases"

Ground Leases In Southern California

A Brief Explanation Of Ground Leases

A ground lease is lease agreement in which a commercial real estate owner agrees to lease square footage of land, together with approval for the lessee to construct improvements on the land and operate a business on the property. Any building and business must, of course, conform to local zoning requirements and obtain all necessary permits. Ground leases are generally for commercial business purposes and typically are for a long period of time, depending on the tax impacts and desires of the parties.

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Loftin | Bedell P.C.

Loftin | Bedell P.C.
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