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Ground Lease review

Long-term ground lease (49 / 50 / 99 years) with tenant construction rights and leasehold-mortgage protections.

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What it checks

Long-term term stated (49 / 50 / 99 years)

Ground lease should state a long-term term (typically 49, 50, or 99 years).

Critical · RE-018

Tenant's right to construct / improvements

Ground lease should specify tenant's right to construct improvements.

Critical · RE-019

Leasehold mortgage (lender protection)

Ground lease should permit leasehold mortgages and include lender protections.

Critical · RE-020

Reversion / ownership of improvements at expiration

Ground lease must address what happens to improvements at term expiration.

Critical · RE-021

Rent escalation / CPI / market reset

Ground leases include rent escalators (CPI, fixed steps, or market-rent resets).

Critical · RE-022

Assignment and subletting

Ground lease should address assignment / subletting consent.

Warning · RE-023

Memorandum of lease to be recorded

Ground leases commonly record a memorandum of lease.

Warning · RE-024

Every run also applies 125 general checks that belong to any agreement: structure, parties and signatures, defined terms, cross-references, dates, amounts, and one-sided terms.

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  3. Get a Word report in which every finding quotes the clause and cites the rule and source behind it — one of 1,946 checks across 286 document types.
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