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Question #20 of 60
A ground lease is usually
A) a variable-term lease.
B) a short-term lease.
C) a long-term lease.
D) an adjustable-term lease.

Ask by Todd Ellis. in the United States
Mar 31,2025

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C) a long-term lease.

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Ground leases are typically long-term agreements, often lasting 50 years or more. They allow a tenant to use the land while they develop property on it, creating a win-win situation where landlords make money and tenants enjoy secure control over the space without purchasing it outright.
In real-world applications, ground leases are common in urban development projects where landowners want to retain ownership of the land while providing opportunities for businesses or developers. This can lead to profitable partnerships and help revitalize areas, making them attractive for both investors and the community.

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