Get the free EGACT Ground Lease Extension 2018(SC137967.DOCX;1)

GROUND LEASE EXTENSION This Ground Lease (the “Lease “) by and between the ELK GROVE UNIFIED SCHOOL DISTRICT, a political subdivision of the State of California, (hereinafter the “Lessor “)

How to fill out egact ground lease extension

How to fill out egact ground lease extension

1. Start by obtaining a copy of the original ground lease agreement.
2. Review the terms and conditions of the original ground lease agreement.
3. Determine if the ground lease agreement allows for a lease extension.
4. If the lease extension is permitted, gather the necessary documentation such as the extension agreement form.
5. Fill out the extension agreement form, providing all requested information accurately and completely.
6. Attach any required supporting documents or additional information as specified in the form.
7. Double-check the filled-out form for any errors or omissions.
8. Make copies of the completed form and any supporting documents for your records.
9. Submit the filled-out form and supporting documents to the appropriate party or organization as indicated in the instructions.
10. Follow up with the party or organization to ensure that the extension request is received and processed.
11. Review the approved extension agreement and any amendments to the original lease carefully.
12. Comply with any new terms or conditions outlined in the extension agreement.
13. Keep a copy of the approved extension agreement with the original ground lease agreement for future reference.

Who needs egact ground lease extension?

1. Any individual or entity that currently holds a ground lease and wishes to extend its duration will need an exact ground lease extension.

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What is egact ground lease extension?

An egact ground lease extension is a formal process used to extend the term of a ground lease agreement, allowing the tenant to continue to occupy and utilize the property under the agreed conditions for an additional period.

Who is required to file egact ground lease extension?

Typically, the tenant or lessee of the property under the ground lease is required to file the egact ground lease extension.

How to fill out egact ground lease extension?

To fill out an egact ground lease extension, one should provide details such as the original lease date, the new extension dates, any changes to terms or conditions, and both parties' signatures.

What is the purpose of egact ground lease extension?

The purpose of the egact ground lease extension is to legally document the continued occupancy and use of the leased property by the tenant, ensuring clarity on lease terms for an extended period.

What information must be reported on egact ground lease extension?

Information that must be reported includes the names of the parties involved, property description, original lease dates, new lease extension dates, and any modifications to terms.