Featuring adaptable timesaving sample agreement language, PLI’s Commercial Ground Leases is your definitive guide to drafting, negotiating, and finalizing equitable, error-free leasing documents that minimize the possibility of legal conflicts.
The full range of relevant commercial ground leasing issues is clearly addressed in this convenient, one-stop resource, including basic rent and other payments; percentage rent; tenant, subordinated fee, and leasehold financing; ground lease term; premises and title; use and occupancy; subletting, assignment, and sale; exculpatory clauses; insurance, damage, and reconstruction; condemnation; default and redemption; surrender upon termination; rights to purchase; development rights leases; and multiparcel development.
Commercial Ground Leases shows you how to use arbitration and mediation to resolve disputes; how major bankruptcy laws have affected ground lease practice; how the law has adopted the ”modern” concept of a lease as a contract governing a commercial transaction or relationship; and how dramatic changes in the real estate financing market have impacted commercial ground leases.
Updated at least once a year, Commercial Ground Leases is an important reference for every attorney and business professional involved in commercial ground leasing transactions.
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