A Ground Lease Agreement is a legal contract granting a tenant the right to use land owned by a landlord for a specified period, typically long-term. This template guides you through drafting a clear and enforceable agreement covering key terms such as lease duration, rent payments, permitted land uses, maintenance responsibilities, and renewal or termination conditions. It ensures both parties understand their rights and obligations, reducing potential disputes. Use this template to create a tailored ground lease that fits commercial or residential needs, protecting interests while enabling effective land use. The sections include detailed guidance on lease terms, payment schedules, legal protections, and dispute resolution mechanisms, making it suitable for professional use.
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