Definitions for "LAND LEASE"
Keywords:  lease, malls, lessee, ground, shopping
A lease in which only the land is rented. also called ground lease.
Owners of property will sometimes give long-term leases of land up to 99 years. A lease of more than 99 years is considered a transfer of fee simple. Land leases are commonly used to build banks, car lots, and shopping malls upon.
Lease that includes only the land and no structures.
A rental agreement for the use of land but not the improvements thereon.
a contract between government and a tenant, granting rights of possession to the land