An index lease is a rental agreement that mandates adjustments in rent based on a published record of cost changes, typically tied to an economic indicator like the Consumer Price Index (CPI).
A land lease, also known as a ground lease, is an agreement in which a tenant rents land for a specified period of time and has the option to construct buildings or other improvements on it. Unlike typical property leases, in a ground lease, the tenant usually gains control of the land and any developments for the lease term.
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