Definition of "Land lease"

M.J. CLAY real estate agent
M.J. CLAY, Real Estate Agent Carod Properties

A ground lease that includes only the cost of leasing the land for a period of years. Normally, a land lease is valid for an extended period of time anticipating that improvements will be constructed on the property.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Real Estate Terms

Popular Real Estate Questions