- ground lease
- A lease of vacant land, or land exclusive of any buildings on it, or unimproved real property. Usually a net lease.See also ground rent- lease
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
ground lease
Look at other dictionaries:
ground lease — see lease Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. ground lease n. A leas … Law dictionary
Ground Lease — An agreement in which a tenant is permitted to develop a piece of property during the lease period, after which the land and all improvements are turned over to the property owner. A ground lease indicates that the improvements will be owned by… … Investment dictionary
ground lease — noun : building lease * * * ground lease, a lease of land for building … Useful english dictionary
ground lease — A lease of vacant land, or land exclusive of any buildings on it, or unimproved real property. Usually a net lease. See also ground rent lease … Black's law dictionary
ground lease — A lease of land, as opposed to a lease of a building. Bloomberg Financial Dictionary … Financial and business terms
lease — 1 / lēs/ n [Anglo French les, from lesser to grant by lease, from Old French laisser to let go, from Latin laxare to loosen, from laxus slack] 1 a: a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment… … Law dictionary
lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… … Black's law dictionary
lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… … Black's law dictionary
ground rent — n 1: the rent paid by a lessee for the use of land esp. for building 2: a rent charge reserved to himself or herself or his or her heirs by the grantor of land in fee simple, on perpetual lease, or on lease for a renewable term of years ◇ Ground… … Law dictionary
Ground rent — A ground rent, sometimes known as a rentcharge or a chief rent in North West England, see [http://www.gos.gov.uk/gonw/PeopleSustainableCommunities/Housing/Rentcharges/ Government Office for the North West] Retrieved on 2008 02 06] is a regular… … Wikipedia
