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In today's video, Benjamin discusses land leases, also known as ground leases. A land lease is a long-term lease of the land only, separate from ownership of the building on it. This agreement is between the landowner and the user, be it an individual, corporation, or business. Land leases typically last between 50 to 99 years, with variations like agricultural and commercial leases. The video also explores a community with an expiring land lease.