Property Management

A Connecticut 'ground lease' is a long-term lease under which the tenant:

ARents only the basement of a building
BLeases the land and constructs their own building on it, with the land reverting to the owner at lease end✓ Correct
CLeases agricultural land for crop production only
DLeases a single apartment unit

Explanation

A ground lease (land lease) allows a tenant to lease land for an extended period (often 99 years) and construct improvements on it. At lease expiration, the land and typically the improvements revert to the landowner.

Related Connecticut Property Management Questions

Practice More Connecticut Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free Connecticut Quiz →