Aja’ Mallory is a staff attorney at the Maryland Volunteer Lawyers Service. Her practicefocuses on housing and consumer issues for Marylanders of limited means. This week, she discusses ground rent.
Vornado Realty Trust announces a $15 million ground rent determination amid ongoing litigation, with potential adjustments based on court outcomes. Vornado Realty Trust announced that a panel has set ...
New York lawmakers have dropped efforts to cap rent increases on ground-lease co-ops, but owners aren’t celebrating. The state legislature is instead moving forward with an amended bill that gives ...
State lawmakers are again attempting to pass legislation that amounts to a giveaway for wealthy real estate investors under the guise of protecting the middle class. State Sen. Liz Krueger and ...
Ground Lease vs. Sale: Key Legal and Business Considerations Whether a client is a property owner evaluating how best to monetize their land, or a developer deciding how to structure a project, it’s ...
How does ground rent work? Ground rent is a lease agreement for the use of the land a house sits on. With ground rent, a homeowner owns the house, but not the land it occupies. Therefore, the ...
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