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Benjamin discusses the concept of a land lease, also known as a ground lease, in this video tutorial. A land lease involves a long-term lease of the land only, separate from ownership of the building on the land. The agreement is between the landowner and the user, who may be an individual, corporation, or business. Land leases can last 50 to 99 years and can be for agricultural or commercial purposes. Benjamin provides an example of a community with a land lease expiring soon.
