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Reviewed and Approved by the Executive Director:July 11, 2024 FOR ACTION I.REQUESTApprove: (1) Resolution No. 204, Which Provides for Official Intent with Respect to the Issuance of Hula Mae MultiFamily
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How to fill out ground lease extensions for

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How to fill out ground lease extensions for

01
Gather all necessary documents such as the original ground lease agreement.
02
Review the terms of the original ground lease agreement to understand the requirements for a lease extension.
03
Fill out the necessary forms provided by the landlord or legal counsel.
04
Make sure to include any required documentation or fees with the extension application.
05
Submit the completed extension application to the landlord for approval.

Who needs ground lease extensions for?

01
Property owners who are nearing the end of their current ground lease and wish to extend it.
02
Tenants who want to secure their rights to use the land for an extended period of time.
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Ground lease extensions are used to extend the term of a lease agreement for a piece of land.
The tenant or lessee is typically responsible for filing ground lease extensions.
Ground lease extensions can be filled out by including the necessary information requested on the form provided by the landlord.
The purpose of ground lease extensions is to prolong the lease term and maintain the rights to use the land.
Information such as the current lease term, desired extension term, and any additional terms or conditions must be reported on ground lease extensions.
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