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Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 409778
 
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Commercial Ground Leases: A Conceptual Framework

Live Webinar
May 25, 2022
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour
Live Webinar$149Register Now

Learn about the terms and intricacies of ground leases and the rules and regulations that support them.

This course will provide you with an in-depth primer on the uses and structural underpinnings of ground leases, as well as the differences between ground and space leases. As you will learn and as some of you may already know, ground leases transfer virtually all of the responsibilities of ownership to the tenant for the term of the ground lease, which is much longer than those in a space lease (generally 50 or more years and most commonly 99 years).

Although the tenant owns the building and improvements for such an extended period, the landlord ends up with a rent flow and a reversionary interest in the improvements at the end of the term. Moreover, because the improvements are costly and the tenant bears the risks and responsibility for constructing or purchasing them, tenants generally obtain leasehold financing to pay a portion of such costs. Such financing arrangements and the rating agencies governing such mortgages have complex rules and requirements that imbue many aspects of the lease.

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Live Webinar$149Register Now