Property Ownership
A Wisconsin property that is subject to a 'ground lease' means the tenant:
AOwns the land and leases the building only
BLeases the land from the owner and typically builds on the land, owning the improvements✓ Correct
CHas a month-to-month rental agreement only
DIs required to purchase the land within 5 years
Explanation
In a ground lease, the tenant leases the land from the owner for a long term and typically constructs improvements (which the tenant owns), returning the land (and often the improvements) to the owner at the end of the lease.
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