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FIXED BASE OPERATOR GROUND LEASE AND OPERATING AGREEMENT THIS LEASE AGREEMENT (Lease) is made and entered into as of ___, 2022 (Effective Date), between the City of Pueblo, a Municipal Corporation,

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What is ground lease and operating?

A ground lease is a long-term lease agreement in which a tenant is allowed to develop a piece of property during the lease period, while the ownership of the land remains with the lessor. Operating refers to the ongoing management and functioning of the lease agreement and associated property.

Who is required to file ground lease and operating?

Typically, property owners, landlords, and tenants involved in a ground lease must file the necessary documentation regarding the lease and operating agreement.

How to fill out ground lease and operating?

To fill out a ground lease and operating, parties need to provide details such as property description, parties involved, lease term, rental payments, and any additional terms. It's important to ensure that all terms are clearly defined and agreed upon.

What is the purpose of ground lease and operating?

The purpose of a ground lease is to establish the terms under which a tenant can use and develop land owned by another party, while the operating outlines how that lease is managed and enforced.

What information must be reported on ground lease and operating?

Key information that must be reported typically includes the names of the parties involved, property address, lease start and end dates, terms of the lease, and any obligations of the parties.

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