Commercial Ground Leases is a practical guide for creating fair and accurate lease agreements between landlords and tenants. It explains key topics such as lease terms, property use, and occupancy rights. This seventh release of Commercial Ground Leases is updated with the latest developments in the law and practice of ground leases.

Highlights of Release #7 include:

• Chapter 1, The Truth About Ground Leases, includes new material on duty of care and duty of loyalty (Section 1:3.5).
• Chapter 4, Reappraisal of Ground Rents, includes a new case study on “highest and best use” and financial feasibility, in which the Seattle Public Schools leased the site of a former school for a shopping mall (Section 4:1.3).
• Chapter 9, Bankruptcy, includes new material on letters of credit (LOCs) (Section 9:3.2[B]).
• Chapter 19, Default and Redemption, Section 19:1 has been renamed “Default: A User’s Guide,” and has been expanded to cover the practical aspects of default from the perspective of a leasehold lender, a landlord, and a tenant.
• Chapter 24, Arbitration and Mediation, includes new material on MAI appraisers (Section 24:3).
• The Table of Authorities and the Index have been updated.

Order a print copy today.

PLI PLUS subscribers can access this title through their subscription.

Holtzschue on Real Estate Contracts and Closings provides thorough legal, technical, and strategic guidance to help implement dispute-free residential deals more quickly and easily. This book clearly explains the governing law and customary industry practices, enabling practitioners to efficiently handle real estate transactions. It covers managing the appropriate documents, tax issues, and brokers, drafting and negotiating the contract, with sample forms that save time and effort, preparing for the closing, including the documents and scheduling details, and closing the sale, including delivering and reviewing deeds and other paperwork, and dealing with insurance policies, tax documents, and closing checks.

The new release includes the following updates:

• Chapter 2, Drafting and Negotiating the Contract, includes a new caveat emptor case that rejected the special facts doctrine, an article about a proposed amendment to RPAPL 881 concerning licenses, a new remedies case, a mortgage commitment contingency case where a purchaser acted in good faith, easement cases, and a time of the essence case where notice was too short.
• Chapter 4, The Closing,discusses the uncertainty as to the effective date of the Corporate Transparency Act and rules.

The Tables of Authorities have also been updated.

Order a print copy today.

PLI PLUS subscribers can access this title through their subscription.