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land lease

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
land lease
See ground lease.


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The district, in an effort to minimize the impact on taxes, projects up to 50 percent of the cost of the building will be covered by revenues produced from the land leases and taxes on retail/office space.
Most of the land sought by solar developers is under the jurisdiction of the Bureau of Land Management, and revenue from those land leases go to federal, not state or county, coffers.
Weiss Realty was the broker for the land lease for a new 2,400 s/f Capital One Bank with drive-through on the site.
 
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