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EXHIBIT C3FORM OF GROUND LEASED EED OF LEASE between FAIRFAX COUNTY REDEVELOPMENT AND HOUSING AUTHORITY, as Landlord and ONE UNIVERSITY SENIOR, LLC as Tenant, 20 KM 567092.41TABLE OF CONTENTS Page

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How to fill out contract to ground lease

01

Gather all relevant information about the parties involved in the ground lease, such as their names, addresses, and contact details.

02

Start by writing the heading of the contract, which should include the title 'Ground Lease Agreement' and the date of execution.

03

Clearly state the parties involved in the contract, specifying the 'Lessor' (the owner of the land) and the 'Lessee' (the person or entity leasing the land).

04

Provide a detailed description of the property being leased, including its address, boundaries, and any specific areas or restrictions.

05

Specify the term of the lease, including the start and end dates. It's important to clarify whether there are any renewal options available.

06

Outline the rent and payment terms, including the amount of rent, due dates, and acceptable methods of payment.

07

Include provisions for property maintenance, repairs, and insurance, making it clear who is responsible for each of these obligations.

08

Address any specific terms or conditions, such as use and zoning restrictions, rights of access, or any improvements that may be made to the property.

09

Include clauses on default and termination, outlining the consequences for breaching the agreement and the procedures for resolving disputes.

10

Finally, have both parties sign and date the contract to indicate their agreement and understanding of the terms and conditions.

Who needs contract to ground lease?

01

Individuals or entities looking to lease a piece of land for commercial or personal use.

02

Real estate developers or investors who want to enter into a long-term ground lease for development purposes.

03

Landowners who want to generate income from their property without selling it outright.

04

Business owners who need additional space for their operations but don't want to purchase land.

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What is contract to ground lease?

A contract to ground lease is an agreement between a landowner and a tenant, where the tenant is granted the right to develop or use the land for a specific period, typically in exchange for rent or fees.

Who is required to file contract to ground lease?

Persons or entities that enter into a ground lease agreement are typically required to file the contract, including landowners and tenants.

How to fill out contract to ground lease?

Filling out a contract to ground lease generally involves providing details such as the parties involved, description of the property, lease term, rental amounts, and any specific conditions or obligations.

What is the purpose of contract to ground lease?

The purpose of a contract to ground lease is to outline the terms and conditions under which the tenant can use or develop the land while ensuring the landowner retains ownership of the underlying property.

What information must be reported on contract to ground lease?

The contract must report information such as the names of the parties, property description, lease duration, rental payment details, and any rights or obligations of both parties.

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