Property Ownership
A Kentucky property owner enters into a 99-year ground lease. In a ground lease, the tenant:
AOwns the land and leases improvements from the landlord
BLeases the land and owns any improvements they build✓ Correct
CShares ownership of land and improvements with the landlord
DHas no right to build on the leased land
Explanation
In a ground lease, the tenant leases the land from the landowner and typically constructs improvements on the land at their own expense. The tenant owns the improvements during the lease term.
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