Philadelphia Pennsylvania Arrendamiento de Terreno Comercial con Arrendatario para Construir Mejoras y Opción de Renovar - Commercial Ground Lease with Lessee to Construct Improvements and Option to Renew

State:
Multi-State
County:
Philadelphia
Control #:
US-0135BG
Format:
Word
Instant download

Description

Ground leases, sometimes called land leases, are a lease of land only. Usually land is leased for a relatively long period of time to a lessee that constructs a building on the property. Of course it is in the lessee’s best interest to have an option to purchase both the land and the building at the end of the term of the lease since ownership of the building will revert to the owner of the land at the end of the term of the lease. Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
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Philadelphia Pennsylvania Arrendamiento de Terreno Comercial con Arrendatario para Construir Mejoras y Opción de Renovar