Land Lease Contract Agreement

Sample land lease contract is an agreement that sets forth the terms as a binding agreement between the lessee and the lessor.

Land lease contract agreement.

A land lease agreement is also known as a ground lease agreement and it allows the tenant to use the land owned by a landlord in exchange for a defined amount of rent. While a street address or unit number often suffices for structural leases a land lease agreement requires a more exhaustive legal description. You must cite the property s exact boundaries as. If there is a relation of trust between the tenant and the owner then the verbal agreement can be made however in order to make the agreement more authentic and to give it legal validity you are required to have a land lease agreement.

A simple option that you can use when you want to lease out your property and it details out the limits of the property that is under the contract. A land lease agreement is used to bind the tenant and the owner of the land. It also talks about the number of years that the lease is good for including when it starts and when it ends.