Product Description
"Ground Leases and Land Acquisition Contracts" analyzes ground lease clauses in depth, including the hidden risks of restrictive use clauses, rent increase provisions, clauses preventing assignability, and other language that can make a property economically nonviable or result in termination of a ground lease. It also explains how to structure, and draft these vital agreements from scratch. You'll learn how to choose between a subordinated lease, an unsubordinated lease and a land acquisition contract, how to negotiate lease and contract provisions that suit your needs, and how to deal with the underlying business problems raised by all parties. Whether you are making a strategic investment or lending decision or negotiating and drafting a lease, you will find the crucial guidance you need. This book is updated as needed, generally two times each year.
--This text refers to the
Hardcover
edition.