Title
Digging into Ground Leases: Insurance and Reconstruction Issues
By
Ann Peldo Cargile
Description
Digging into Ground Leases Insurance and Reconstruction Issues By Ann Peldo Cargile Ground leases present different risks to landlords and tenants than do standard lease transactioons In a ground lease, the tenant bears the brunt of the risk of a casualty to the improvements, even though the landloor retains a reversionary interest in the improvements that grows in value as the ground lease nears expiration. The landloor often has a passive relationship to the use of the property, thus justifying...

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