Definition: A lease of land alone, sometimes secured by improvements placed on the land.
Pronunciation: \ˈgrau̇nd\ \ˈlēs\
Used in a Sentence: We signed a ground lease for the property we wanted to build our warehouse on.
Definition: A lease of land alone, sometimes secured by improvements placed on the land.
Pronunciation: \ˈgrau̇nd\ \ˈlēs\
Used in a Sentence: We signed a ground lease for the property we wanted to build our warehouse on.