Vacant Land Lease Agreement California

This form is used to give the tenant the right to make an offer to purchase his leased premises if the lessor has an interest in selling the premises. The landlord is not obliged to accept the tenant`s offer and/or sell the premises to the tenant. This form is used by brokers to list only real estate for sale or rent. A ground lease is also called a succession law contract and allows the tenant to use a lessor`s land for a set amount of rent. These agreements are similar to how standard real estate leases work for which tenants can enter into commercial and residential contracts. This form is used by a third party who is not the tenant to guarantee the performance by a tenant of all the conditions and obligations arising from the rental agreement.