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I like the chat help desk. I liken having a person I can chat with without a long delay. I really do not like have a charter limit on my response, I really do not have that much to say, therefore you get fluff.
What do you dislike?
not being able to locate the forms needed at times. Sometimes hen I attempt to use the form, I do not know the form number and it causes a delay. I do not like having a 40 Character limit for the questions. I really do not have that much to say
Recommendations to others considering the product:
I would recommend this product ,because it allows my agency to provide the client with the information needed. I really do not have any additional information to supply.
What problems are you solving with the product? What benefits have you realized?
I can service my clients fasters.
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How do you value a ground lease?
Suggested clip All-in-One Walkthrough #7 — The Ground Lease Valuation Module YouTubeStart of suggested client of suggested clip All-in-One Walkthrough #7 — The Ground Lease Valuation Module
How does the ground lease impact their property ownership?
The ground lease defines who owns the land, and who owns the building, and improvements on the property. Many landlords use ground leases as a way to retain ownership of their property for planning reasons, to avoid any capital gains, and to generate income and revenue.
Is a ground lease considered real property?
A ground lease or a ground rent is a type of commercial real estate lease where a lessee develops the real estate property he or she is renting. Like an ordinary lease, there are two parties involved the lender or the landlord/real property owner, and the lessee or the tenant.
Who pays property taxes in a ground lease?
In most cases, the lessee pays all expenses of the real property such as property taxes, insurance, maintenance and financing costs. Operating and related maintenance expenses are often called “walk-throughs” because they are costs that pass through from the owner to the tenant.
How do you structure a ground lease?
Like an ordinary lease, under a ground lease a tenant or lessee pays rent to a landlord or lessor and receives in return a right to possession and use of the property for the time period covered by the rent. Like an ordinary lease, ground leases generally call for rent to be paid on a periodic basis, typically monthly.
What happens to property investment at the end of the ground lease term?
The likelihood that construction costs may surpass the value of the property means a ground lease typically runs 50 to 99 years to allow the tenant to recover its investment. However, after the lease ends, the rights of ownership will often return to the landlord.
Is a ground lease a good investment?
Ground leases are considered a defensive investment choice, and the ground lease investor is able to realize a long-term stream of income without transfer of ownership, but rather through transferring control of the land in order to maximize an income stream over a fixed period of time.
What is a ground lease investment?
A ground lease is an agreement in which a tenant is permitted to develop a piece of property during the lease period, after which the land and all improvements are turned over to the property owner.
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