Ground Lease for Land on which Cabin is Built as a Non-Permanent Structure
Ground Lease Agreement made on the ___ day of __________, 20___, between
_______________________ of ______________________________________________
(street address, city, county, state, zip code) , referred to herein as Lessee , and
_____________________ , Inc., a corporation organized and existing under the laws of
the state of ______________, with its principal office located at
______________________________________________ (street address, city, county,
state, zip code) , referred to herein as Lessor.
Now, therefore, for and in consideration of the mutual covenants contained in this
Agreement, and other good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the parties agree as follows:
I. Demise, Description, and Use of Premises
Lessor leases to Lessee and Lessee leases from Lessor, certain real property
situated at ______________________________________________ (street address, city,
county, state, zip code) , on which a cabin is located, said real property being more
particularly described in Exhibit A attached to and made a part of this Agreement. As
used in this Agreement, the term Premises refers to the real property above described and
to any improvements located on the real property from time to time during the term of
this Agreement.
II. Term
The initial term of this Lease Agreement shall be for _________ years,
commencing on the ____ day of ____________, 20___, and ending on the ____ day of
____________, 20___. As used in this Lease Agreement, the expression term of this
lease agreement refers to the initial term and to any renewal of this Lease Agreement.
III. Rent
The total rent for the initial term shall be $_________, which Lessee shall pay to
Lessor, without deduction or offset, at the place or places as may be designated from time
to time by Lessor, in installments as follows: (payment schedule) .
________________________________________________________________________
________________________________________________________________________
IV. Warranties of Title and Quiet Possession
Lessor covenants that Lessor is seized of the Premises in fee simple and has full
right to make and enter into this Lease Agreement and that Lessee shall have quiet and
peaceable possession of the Premises during the term of this Lease Agreement.
V. Prohibited Uses
Lessee shall not use, or permit the Premises , or any part of the Premises , to be
used, in such a way as to cause a cancellation of any insurance policy covering the
building located on the Premises , or any part of such building, nor shall Lessee sell, or
permit to be kept, used, or sold, in or about the Premises , any article that may be
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prohibited by the standard form of fire insurance policies. Lessee shall, at its sole cost,
comply with all requirements, pertaining to the Premises , of any insurance organization
or company, necessary for the maintenance of insurance, as provided in this Agreement,
covering any building and appurtenances at any time located on the Premises.
VI. Waste and Nuisance Prohibited
During the term of this Lease Agreement, Lessee shall comply with all applicable
laws affecting the Premises , the breach of which might result in any penalty on Lessor.
Lessee shall not commit, or suffer to be committed, any waste on the Premises , or any
nuisance.
VII. Abandonment of Premises
Lessee shall not vacate or abandon the Premises at any time during the term of
this Lease Agreement. If Lessee abandons, vacates, or surrenders the Premises, or is
dispossessed by process of law, or otherwise, any personal property belonging to Lessee
and left on the Premises shall be deemed to be abandoned, at the option of Lessor.
VIII. Lessor’s Right of Entry
Lessee shall permit Lessor and the agents and employees of Lessor to enter into
and on the Premises at all reasonable times for the purpose of inspecting the Premises.
Lessee shall permit Lessor and its agents and employees, at any time within _____months
prior to the expiration of this Lease Agreement, to place on the Premises any usual or
ordinary To Let or To Lease signs and exhibit the Premises to prospective tenants at
reasonable hours.
IX. Subletting and Assignment
Lessee may not sublet the Premises in whole or in part without Lessor's consent.
Lessee shall not assign or transfer this Agreement, or any interest in this Lease
Agreement, without the prior, express, and written consent of Lessor. Any assignment
without consent shall be void, and shall, at the option of Lessor, terminate this
Agreement. Neither this Lease Agreement nor the leasehold estate of Lessee nor any
interest of Lessee under this Lease Agreement in the Premises or any buildings or
improvements on the Premises shall be subject to involuntary assignment, transfer, or
sale, or to assignment, transfer, or sale by operation of law in any manner whatever. Any
such attempted involuntary assignment, transfer, or sale shall be void and of no effect and
shall, at the option of Lessor, terminate this Agreement.
X. Notices
A. All notices, demands, or other writings in this Agreement provided to be
given or made or sent, or which may be given or made or sent, by either party to the
other, shall be deemed to have been fully given or made or sent when made in writing
and deposited in the United States mail, registered and postage prepaid, and addressed as
follows:
To Lessor: (address of Lessor );
_______________________
_______________________
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To Lessee: (address of Lessee).
_______________________
_______________________
B. The address to which any notice, demand, or other writing may be given
or made or sent to any party as above provided may be changed by written notice given
by the party as above provided.
XI. Taxes and Assessments
Lessee shall pay and discharge as they become due, promptly and before
delinquency, all taxes, assessments, rates, charges, license fees, municipal liens, levies,
excises, or imposts, whether general or special, or ordinary or extraordinary, of every
name, nature, and kind whatever, including all governmental charges of whatever name,
nature, or kind, which may be levied, assessed, charged, or imposed, or which may
become a lien or charge on or against the Premises, or any part of the Premises. Lessee
shall obtain and deliver receipts or duplicate receipts for all taxes, assessments, and other
items required under this Lease Agreement to be paid by Lessee, promptly on payment of
any such taxes, assessments, and other items.
XI. Repairs and Destruction of Improvements
A. Maintenance of improvements.
Lessee shall, throughout the term of this Lease Agreement, at its own cost, and
without any expense to Lessor, keep and maintain the premises, including all buildings
and improvements of every kind that may be a part of the Premises, and all
appurtenances to the Premises, in good, sanitary, and neat order, condition and repair,
and restore and rehabilitate any improvements of any kind that may be destroyed or
damaged by fire, casualty, or any other cause whatever.
B. No obligation by Lessor to make improvements.
Lessor shall not be obligated to make any repairs, replacements, or renewals, of
any kind, nature, or description, to the Premises or any buildings or improvements on the
Premises.
C. Lessee's compliance with laws.
Lessee shall also comply with and abide by all federal, state, county, municipal,
and other governmental statutes, ordinances, laws, and regulations affecting the
Premises, the improvements on or any activity or condition on or in the Premises.
D. Damage to and destruction of improvements.
The damage, destruction, or partial destruction of any building or other
improvement that is a part of the Premises shall not release Lessee from any obligation
under this Agreement.
XII. Utilities
Lessee shall fully and promptly pay for all water, gas, heat, light, power,
telephone service, and other public utilities of every kind furnished to the Premises
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throughout the term of this Agreement, and all other costs and expenses of every kind
whatever of or in connection with the use, operation, and maintenance of the Premises
and all activities conducted on the Premises, and Lessor shall have no responsibility of
any kind for any such utilities.
XIII. Liens
Lessee's duty to keep Premises free of liens. Lessee shall keep all and every part
of the Premises and all buildings and other improvements at any time located on the
Premises free and clear of any and all mechanics', material suppliers', and other liens for
or arising out of or in connection with work or labor done, services performed, or
materials or appliances used or furnished for or in connection with any operations of
Lessee, any alteration, improvement, or repairs or additions that Lessee may make or
permit or cause to be made, or any work or construction, by, for, or permitted by Lessee
on or about the Premises, or any obligations of any kind incurred by Lessee, and at all
times promptly and fully to pay and discharge any and all claims on which any such lien
may or could be based, and to indemnify Lessor and all of the Premises and all buildings
and improvements on the Premises from and against any and all such liens and claims of
liens and suits or other proceedings pertaining to the Premises.
XIV. Indemnification of Lessor
Lessor shall not be liable for any loss, injury, death, or damage to persons or
property that at any time may be suffered or sustained by Lessee or by any person who
may at any time be using or occupying or visiting the Premises or be in, on, or about the
Premises , whether the loss, injury, death, or damage shall be caused by or in any way
result from or arise out of any act, omission, or negligence of Lessee or of any occupant,
subtenant, visitor, or user of any portion of the Premises , or shall result from or be caused
by any other matter or thing whether of the same kind as, or of a different kind than, the
matters or things above set forth. Lessee shall indemnify Lessor against any and all
claims, liability, loss, or damage whatever on account of any such loss, injury, death, or
damage. Lessee waives all claims against Lessor for damages to the building and
improvements that are now on or later placed or built on the Premises and to the property
of Lessee in, on, or about the Premises , and for injuries to persons or property in or about
the Premises , from any cause arising at any time.
XV. Attorney’s Fees
If any action at law or in equity shall be brought to recover any rent under this
Agreement, or for or on account of any breach of, or to enforce or interpret any of the
covenants, terms, or conditions of this Agreement, or for the recovery of the possession
of the Premises, the prevailing party shall be entitled to recover from the other party, as
part of the prevailing party's costs, reasonable attorney's fees, the amount of which shall
be fixed by the court and shall be made a part of any judgment or decree rendered.
XVI. Redelivery of Premises
Lessee shall pay the rent and all other sums required to be paid by Lessee under
this Agreement in the amounts, at the times, and in the manner provided in this
Agreement, and shall keep and perform all the terms and conditions on its part to be kept
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and performed. At the expiration or earlier termination of this Agreement, Lessee shall
peaceably and quietly quit and surrender to Lessor the Premises in good order and
condition subject to the other provisions of this Agreement. In the event of the
nonperformance by Lessee of any of the covenants of Lessee undertaken in this
Agreement, this Agreement may be terminated as provided in this instrument.
XVII. Remedies Cumulative
All remedies conferred on Lessor in this Agreement shall be deemed cumulative
and no one exclusive of the other, or of any other remedy conferred by law.
XVIII. Insurance
A. Insurance coverage of premises.
Lessee shall, at all times during the term of this Agreement and at Lessee's sole
expense, keep all improvements that are now or later a part of the Premises insured
against loss or damage by fire and the extended coverage hazards for the full replacement
value of the improvements, with loss payable to Lessor and Lessee as their interests may
appear. Any loss adjustment shall require the written consent of both Lessor and Lessee.
B. Personal injury liability insurance.
Lessee shall maintain in effect throughout the term of this Lease Agreement
personal injury liability insurance covering the Premises in the amount of not less than
$ ____________ for injury to or death of any one person, and $ ____________ for injury to
or death of any number of persons in one occurrence, and property damage liability
insurance in the amount of $ ____________. Such insurance shall specifically insure
Lessee against all liability assumed by it under this Lease Agreement, as well as liability
imposed by law, and shall insure both Lessor and Lessee but shall be so endorsed as to
create the same liability on the part of the insurer as though separate policies had been
written for Lessor and Lessee.
C. Lessor's right to pay premiums on behalf of Lessee.
All of the policies of insurance referred to in this Section shall be written in a
form satisfactory to lessor and by insurance companies satisfactory to Lessor. Lessee
shall pay all of the premiums for insurance and deliver policies, or certificates of policies,
to Lessor. In the event of the failure of Lessee, either to effect insurance in the names
called for in this Lease Agreement or to pay the premiums for the insurance or to deliver
the policies, or certificates of the policies, to Lessor, Lessor shall be entitled, but shall
have no obligation, to effect such insurance and pay the premiums for the insurance,
which premiums shall be repayable to Lessor with the next installment of rental. Failure
to repay the same shall carry with it the same consequence as failure to pay any
installment of rental. Each insurer mentioned in this Section shall agree, by endorsement
on the policy or policies issued by it, or by independent instrument furnished to Lessor,
that it will give to Lessor ___________ days' written notice before the policy or policies
in question shall be altered or canceled. Lessor agrees that it will not unreasonably
withhold its approval as to the form or to the insurance companies selected by Lessee.
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XIX. Notice of Default
Lessee shall not be deemed to be in default under this Lease Agreement in the
payment of rent or the payment of any other moneys as required or in the furnishing of
any insurance policy when required in this Agreement unless Lessor shall first give to
Lessee ______________ days' written notice of the default and Lessee fails to cure the
default within said period.
XX. Default
In the event of any breach of this Lease Agreement by Lessee, Lessor, in addition
to the other rights or remedies it may have, shall have the immediate right of reentry and
may remove all persons and property from the Premises. The property may be removed
and stored in a public warehouse or elsewhere at the cost and for the account of Lessee.
Should Lessor elect to reenter, as provided in this Lease Agreement, or should it take
possession pursuant to legal proceedings or pursuant to any notice provided for by law,
Lessor may either terminate this Lease Agreement or it may from time to time, without
terminating this Agreement, relet the Premises or any part of the Premises for such term
or terms and at such rental or rentals and on such other terms and conditions as Lessor in
the sole discretion of Lessor may deem advisable with the right to make alterations and
repairs to the Premises.
XXI. Lessor’s Right to Perform
If Lessee, by failing or neglecting to do or perform any act or thing provided in
this Lease Agreement by it to be done or performed, shall be in default under this
Agreement and such failure shall continue for a period of ____________ days after
written notice from Lessor specifying the nature of the act or thing to be done or
performed, then Lessor may, but shall not be required to, do or perform or cause to be
done or performed such act or thing (entering on the Premises for such purposes, if
Lessor shall so elect), and Lessor shall not be held liable or in any way responsible for
any loss, inconvenience, annoyance, or damage resulting to Lessee on account of that
election. Lessee shall repay to Lessor on demand the entire expense incurred on account
of the election, including compensation to the agents and employees of Lessor.
XXII. Waiver
The waiver by Lessor of, or the failure of Lessor to take action with respect to,
any breach of any term, covenant, or condition contained in this Lease Agreement shall
not be deemed to be a waiver of such term, covenant, or condition, or subsequent breach
of the same, or any other term, covenant, or condition contained in this Agreement.
XXIII. Governing Law
This Agreement shall be governed by, construed, and enforced in accordance with
the laws of the S tate of ___________________.
XXIV. Entire Agreement
This Agreement shall constitute the entire agreement between the parties. Any
prior understanding or representation of any kind preceding the date of this Agreement
shall not be binding on either party except to the extent incorporated in this Agreement.
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XXV. Mandatory Arbitration
Notwithstanding the foregoing, and anything herein to the contrary
notwithstanding, any dispute under this Agreement shall be required to be resolved by
binding arbitration of the parties hereto. If the parties cannot agree on an arbitrator, each
party shall select one arbitrator and both arbitrators shall then select a third. The third
arbitrator so selected shall arbitrate said dispute. The arbitration shall be governed by the
rules of the American Arbitration Association then in force and effect.
XXVI. Modification of Agreement
Any modification of this Agreement or additional obligation assumed by either
party in connection with this Agreement shall be binding only if evidenced in a writing
signed by each party or an authorized representative of each party.
WITNESS our signatures as of the day and date first above stated.
_______________________ INC.
________________________ By___________________________
Lessee _____________________________
(Name and Office in Corporation)
Acknowledgement before Notary Public (Form may vary by state).
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