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In this video, Benjamin discusses land leases, also known as ground leases, which are long-term agreements for leasing land independently from the buildings on it. The video outlines what prospective buyers should know when considering homes on leased land and provides a current example of a community facing an expiring land lease. It highlights the distinction between land ownership and ownership of improvements on the land. The agreements, which can last between 50 to 99 years, are made between landowners and individuals or businesses looking to develop or use the land. Various zoning types for land leases, including agricultural and commercial, are also mentioned.