Textual Support,  English  

DEF – A lease of land alone, sometimes secured by improvements placed on the land. The ground lease is a means used to separate the ownership of the land from the ownership of the buildings and improvements constructed on the land. In most areas, it is a net lease that creates a tenancy for years, typically for a term of 55, 75, or 99 years. (Reilly, 2nd ed., 1982, p. 203) Source 1, record 1, English, Definition 1 - ground lease

Textual Support,  French  

OBS – bail foncier : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO). Source 2, record 1, French, Observation 1 - bail foncier

  Textual Support,  Spanish  

Textual Support,  English  

CONT – Where a reversion expectant on a lease of land is surrendered or merged, the estate or interest that as against the tenant for the time being confers the next vested right to the land shall be deemed the reversion for the purpose of preserving the same incidents and obligations as would have affected the original reversion if there had been no surrender or merger thereof. Source 4, record 2, English, Context 1 - land lease

  Textual Support,  French  

  Textual Support,  Spanish