What is a ground lease also known as?

A ground lease is indeed also known as a land lease. This type of lease involves the leasing of land only, where the tenant is typically responsible for constructing and maintaining any buildings or developments on that land. In a ground lease, the landowner retains ownership of the land itself while allowing the tenant to use the property for a specified period, which can often be long-term, sometimes extending to several decades.

This arrangement is particularly common in commercial real estate, where businesses may wish to develop a property without purchasing the land outright. The ground lease structure allows tenants to focus their capital on construction and operation rather than land acquisition.

The other lease types mentioned—full service lease, triple net lease, and residential lease—refer to different real estate arrangements that involve various responsibilities and services provided by landlords and tenants, but they do not specifically relate to the leasing of land alone.