Real Estate/Development
May 28, 2003
Act Now; Don't Wait
BY MICHAEL E. DI GERONIMO When a ground lessee does not need financing to construct its initial improvements on a leased premises, it often deems of little importance or overlooks entirely the provisions needed to make a ground lease financeable.
When a ground lessee does not need financing to construct its initial improvements on a leased premises, it often deems of little importance or overlooks entirely the provisions needed to make a ground lease financeable.
This is unfortunate. At some point after the ground lease is signed, the lessee may want to obtain financing secured by its leasehold interest. Without having negotiated a financeable ground lease, a lessee may...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In