Home
Forms Library
Union pacific railroad land lease

Union pacific railroad land lease 2025

union pacific railroad land lease Preview on Page 1

See details

4.4 out of 5

58 votes

The document is a land lease application for the Union Pacific Railroad Company, requiring detailed information from the applicant regarding their identity, intended use of the leased premises, handling of hazardous materials, construction plans, and potential subleasing. It emphasizes that submission of the application does not guarantee a lease without written consent from the railroad.

Here's how it works

01. Edit your union pacific railroad land lease online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out union pacific railroad land lease with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the union pacific railroad land lease application in the editor.
Begin by filling in the lease name and, if applicable, specify whether it is a corporation or partnership. Include the state of incorporation or type of partnership.
Provide your mailing and billing addresses. If they differ, ensure both are clearly stated.
Enter the contact person's name along with their phone number, fax number, and email address for any inquiries regarding the lease.
Specify your desired effective date for the lease and provide a detailed description of how you intend to use the leased premises.
List any hazardous materials or petroleum products you will handle on both the leased and adjacent premises. Indicate if hazardous wastes will be generated and describe them if applicable.
Indicate whether improvements will be constructed on the leased premises and provide descriptions as necessary. Note that construction plans may need to be submitted.
If storage tanks will be installed, specify the commodity stored, size, and whether they are above or below ground.
Answer whether trackage is required; remember that this lease does not include trackage usage.
If planning to sublease, indicate this and duplicate relevant information for the sublessee. Provide location details and any sketches of proposed improvements.
Finally, add any additional comments pertinent to the lease before signing with your title and date.

Start using our platform today to fill out your union pacific railroad land lease easily and for free!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What are the disadvantages of a leased land?

Some of the disadvantages of ground leases include the possibility of property loss, loss of higher income due to market changes if rent increases arent built into the agreement, and tax drawbacks, such as depreciation and other expenses that cant offset income.

What is the difference between a ground lease and a land lease?

Ground leases generally allow a tenant to develop and construct permanent structures, but leases may or may not include the same rights. Land leases can also describe certain agreements more accurately, but what matters most is the content of the lease agreement, which outlines the rights of the both parties.

Should I buy a home on leased land?

Lower upfront price: If youre trying to buy a home but discouraged by the price tag, buying a property on leased land could be more affordable and require a lower upfront outlay. Lower property taxes: When youre only taxed on the property, and not the land, your property tax bill will likely be lower.

Can I build a house on leased land?

Can I build a house on leased land? Customer: Can I build a house on leased land? Yes you can but probably the best way is to enter into a contract of sale for that portion or they can sell it to you outright and they do not have to redo the mortgage.

Can you buy property from the railroad?

The railroad does not typically pay real estate commissions or closing costs and may require a survey to be prepared at the purchasers expense. Subject to UPRR approval, a party may purchase certain railroad property at fair market value.

How much land does the Union Pacific Railroad own?

Map of the land grant connections of the Union Pacific Railroad, 1037 miles of road, 12,000,000 acres of land. Library of Congress.

What happens at the end of a land lease?

At the end of the ground lease term, the landlord will either: Take ownership of the improvements free and clear of all liens. Require the tenant to demolish the improvements and clear the leased land.

Can you live on leased land?

From retirement communities in California to high-rise buildings in Manhattan, leased-land living arrangements exist across the country. If youre looking for a leased-land property, a knowledgeable local real estate agent is one of the best resources.

Union pacific railroad land lease 2025

Here's how it works