land leases

A land lease is an agreement where a person or organization (the tenant) rents land from the owner (the landlord) for a set period. The tenant can use the land for activities like building a home, farming, or business, paying regular rent in return. Once the lease ends, ownership of the land remains with the owner, and the tenant may need to vacate or negotiate new terms. Land leases are common in situations where buying land outright isn’t practical or desired, providing flexibility and a way to access property without full ownership.