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CONTRACT TO GROUND LEASE 9%1 (North Hill) This CONTRACT TO GROUND LEASE 9% (this Agreement) is made and entered into as of this day of, 2017 (the Effective Date) by and between FAIRFAX COUNTY REDEVELOPMENT

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How to fill out contract to ground lease

01

Begin by entering the names and contact information of the lessor (the landowner) and the lessee (the tenant) at the top of the contract.

02

Include a clear description of the property being leased, including its location, boundaries, and any structures or improvements on the land.

03

Specify the duration of the lease, including the start and end dates. You may also include provisions for lease renewal or termination.

04

State the purpose or permitted use of the leased property. Outline any restrictions or limitations on the lessee's activities on the land.

05

Clearly define the rent amount, payment schedule, and any late fees or penalties for non-payment. Specify the acceptable payment methods.

06

Include any provisions for security deposits, insurance requirements, and maintenance responsibilities.

07

Outline the rights and obligations of both the lessor and lessee, including any required permits, licenses, or compliance with laws.

08

Clearly state any additional terms and conditions, such as restrictions on subleasing, alterations to the property, or disputes resolution.

09

Include a clause specifying how any disputes or breaches of the contract will be resolved, such as through mediation or arbitration.

10

Both the lessor and lessee should carefully review the contract, seek legal advice if necessary, and sign and date the document to indicate their agreement.

Who needs contract to ground lease?

01

Contract to ground lease is needed by both landowners (lessors) and potential tenants (lessees) who are interested in leasing land for a specific purpose.

02

Landowners may use this contract to lease out their vacant land or property to generate rental income while retaining ownership of the land.

03

Potential tenants, such as individuals or businesses, may need a ground lease contract to secure the right to use specific land for various purposes, such as agriculture, commercial development, or recreational activities.

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What is contract to ground lease?

A contract to ground lease is a legal agreement where the landowner leases the land to a tenant for a specific period of time, typically for a long term.

Who is required to file contract to ground lease?

Both the landowner and tenant are required to file the contract to ground lease.

How to fill out contract to ground lease?

The contract to ground lease can be filled out by including details such as names of parties, lease term, rent amount, and any other specific terms and conditions.

What is the purpose of contract to ground lease?

The purpose of a contract to ground lease is to establish the terms of the land lease agreement between the landowner and the tenant.

What information must be reported on contract to ground lease?

The contract to ground lease must include details such as names of parties, lease term, rent amount, specific terms and conditions, and any other relevant information.

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