WordNet-Online
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Definitions from the WebGround LeaseDefinition: A ground lease is a type of long-term lease in which a property owner leases land to a tenant who often constructs a building or structure on the leased land. Example Sentences:Noun: The ground lease allowed the restaurant owner to operate his business on the landlord's property for the next 50 years. Verb: The developer decided to ground lease the vacant land to minimize upfront costs and focus on the construction of the office building. Related Products: | ||||
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