Ground Lease (Simple) (California)
About this template
A Ground Lease (Simple) (California) is a legal template that outlines the terms and conditions of a lease agreement between a tenant (the "Ground Lessee") and a landlord (the "Ground Lessor") in the state of California. This particular ground lease template is straightforward and does not involve complex provisions or additional agreements. It mainly focuses on the lease of real property for an extended period, typically exceeding 50 years, where the lessee has the right to use and develop the land while the landlord retains ownership. The document includes essential details such as the lease term, rent payment structure, permitted land use, maintenance responsibilities, and any additional provisions deemed necessary for the specific lease agreement. The template is designed to comply with California state laws and serves as a starting point for parties wishing to enter into a simple ground lease arrangement in California.