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The Story Of A Property Owner Who Successfully Terminated A Ground Lease

Por: Forbes Business September 26, 2022

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When a property owner and a developer (or investor) enter into a long-term ground lease, the tenant and its lenders will insist that the property owner cannot easily terminate the ground lease for default. The tenant will have extensive rights to “cure” its defaults. If the tenant doesn’t cure, then the tenant’s lender has additional cure rights. One way or another, the tenant and its lender should be able to preserve the lease. As a... + full article



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