A Land Lease Agreement is a written agreement that allows the tenant (lessee) to use a piece of land owned by the landowner (lessor) in exchange for rent payments. This document is very similar to a traditional property lease, and tenants can use it for residential, agricultural, and commercial purposes. An agricultural land lease can include the use of the land as a farm for crops, or pasture for animals like goats and sheep. A commercial land lease sometimes involves building a parking lot or installing a billboard. A residential land lease can allow for a spot in a trailer park for mobile and trailer homes or a right to build a small cabin in the woods.
A land lease contract defines the relationship between the landlord and the tenant covering all concerns related to land rentals. It creates a proper agreement binding to both parties. Before you print out your contract, you need to know that there are different requirements and specifics in every state.
|Alabama||Hawaii||Massachusetts||New Mexico||South Dakota|
|Florida||Maine||New Hampshire||Rhode Island||Wisconsin|
|Georgia||Maryland||New Jersey||South Carolina||Wyoming|
Every land lease contract is subject to bargaining and negotiation, and therefore it is different from any other. However, it is necessary to include the following information to make the agreement valid:
It is not uncommon for a ground lease agreement to mention insurance, the number of inhabitants or guests that can stay with the tenant, and the subletting clause. Sometimes land leases allow the tenant to construct a permanent or temporary structure, which must be explicitly stated in the contract.
Still looking for a particular template? Take a look at the related templates and forms below: