Including adaptable time-saving sample agreement language, Commercial Ground Leases is a definitive guide to drafting, negotiating, and finalizing equitable, error-free leasing documents that address the needs of both landlord and tenant. It covers the full range of relevant commercial ground leasing issues, including:
- Tenant and landlord financing, subordinated fee and leasehold mortgages
- Subletting, assignment, sale and continuing liability issues
- Insurance, damage, reconstruction and condemnation
- Default and redemption
- Mediation, arbitration and appraisal
- Rights to purchase
Appendices include forms of letter of intent, leasehold mortgagee protection clauses, intercreditor agreements, fee and leasehold deed of trust provisions, estoppel certificate and guaranty, and a complete ground lease with many alternative clauses.
New to this release is Chapter 2A, Reappraisal of Ground Rents, which provides an expanded discussion of ground rent reappraisals, with coverage of the various appraisal methods.
The updated Treatise is available on PLI PLUS, our online research database. If you’d like to order a print copy, please email libraryrelations@pli.edu or call 877.900.5291.