Urban ground leases: a cross-country comparison

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dc.citation.volumeLatest Articles
dc.contributor.authorPope AR
dc.contributor.authorYoung MR
dc.date.accessioned2024-03-06T00:19:35Z
dc.date.accessioned2024-07-25T06:49:31Z
dc.date.available2024-02-05
dc.date.available2024-03-06T00:19:35Z
dc.date.available2024-07-25T06:49:31Z
dc.date.issued2024-02-05
dc.description.abstractThe ground lease is a form of land tenure where the property rights are split between the lessor (landowner) and the lessee (land user). Additional ground lease features, such as the obligation to pay ground rent, depend on factors including the legal framework and lessor requirements. Ground lease features can lead to interpretation problems for ground leaseholders and even valuers, such as misunderstanding the extent of ground rent review. This paper examines location-based differences in order to highlight ground lease variability across countries. The term ‘ground lease’ is effectively a catch-all term for a tenure type that can display considerable differences depending on the location. Recognition of potential ground lease pitfalls and how ground leases differ across jurisdictions is necessary in an increasingly connected world. This paper advocates for uniform international ground lease terminology that more completely explains the extent of tenure rights of each ground lease.
dc.description.confidentialfalse
dc.identifier.citationPope AR, Young MR. (2024). Urban ground leases: a cross-country comparison. Journal of Property Research. Latest Articles.
dc.identifier.doi10.1080/09599916.2024.2308908
dc.identifier.eissn1466-4453
dc.identifier.elements-typejournal-article
dc.identifier.issn0959-9916
dc.identifier.urihttps://mro.massey.ac.nz/handle/10179/70961
dc.languageEnglish
dc.publisherTaylor and Francis Group
dc.publisher.urihttps://www.tandfonline.com/doi/full/10.1080/09599916.2024.2308908
dc.relation.isPartOfJournal of Property Research
dc.rights(c) 2024 The Author/s
dc.rightsCC BY 4.0
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.subjectGround lease
dc.subjectleasehold
dc.subjectland tenure
dc.subjectground rent review
dc.titleUrban ground leases: a cross-country comparison
dc.typeJournal article
pubs.elements-id486720
pubs.organisational-groupOther
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