Document background
A Ground Lease Agreement is essential when a party wishes to lease land for long-term use without purchasing it outright. This type of agreement is commonly used in Denmark for commercial development, renewable energy projects, and other long-term land use arrangements. The document must comply with Danish legal requirements, including the Danish Lease Act and Registration of Property Act. It typically includes detailed provisions on permitted use, development rights, rent calculations, maintenance obligations, and environmental responsibilities. The Ground Lease Agreement is particularly important in situations where significant investments will be made on the leased land, requiring security of tenure and clear rights and obligations for both parties. The agreement should be registered with the Danish Land Registry to ensure legal protection of the lessee's rights.
