Home Legal Projects New Jersey Prepare & File a Ground Lease in New Jersey | 1 Proposal

How a Real Estate Business Hired a Lawyer to Prepare & File a Ground Lease in New Jersey

See real project results from ContractsCounsel's legal marketplace — this project was posted by a Real Estate business in New Jersey seeking help to prepare & file a Ground Lease. The client received 1 lawyer proposal with a price of $3,000 flat fee.

Service type
Prepare & File
Document type
Ground Lease
Location
New Jersey
Client type
Business
Client industry
Real Estate
Deadline
Over a week
Pricing Range
$3,000 (Flat fee)
Number of Bids
1 bid

How much does it cost to Prepare & File a Ground Lease in New Jersey?

For this project, the client received 1 proposal from lawyers to prepare & file a Ground Lease in New Jersey, with flat fee bids ranging from price of $3,000 on a flat fee. Pricing may vary based on the complexity of the legal terms, the type of service requested, and the required turnaround time.

Project Description

In 2021, a business in New Jersey posted a project seeking assistance with preparing and filing a ground lease. The client and a fellow investor were in the process of acquiring a commercial property and needed to bifurcate the title, creating one for the land and another for the building and improvements. They wanted to establish a long-term ground lease that included a standard revisionary clause, ensuring ownership of the building would revert to the landowner upon the lease's conclusion. As a result, the client received one proposal from a licensed lawyer, with a flat fee bid of $3,000, all submitted to meet the work deadline of over a week.

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Forum Questions About Ground Lease

Ground Lease

New York

Asked on Jan 29, 2025

Can a ground lease be terminated early by the lessor if the lessee violates a non-monetary covenant?

I am currently in a ground lease agreement where I am the lessee, and I recently received a notice from the lessor stating that they intend to terminate the lease due to a violation of a non-monetary covenant. The specific covenant in question pertains to the maintenance and upkeep of the property. I have been diligently maintaining the property, but there may have been some minor lapses in the past. I would like to know if the lessor has the legal right to terminate the ground lease early based on a non-monetary covenant violation, and what options I have to defend against this termination.

Damien B.

Answered Jan 30, 2025

Hello: The success of a claim of breach of the agreement depends on whether the alleged violation of the specific non-monetary covenant is material and whether there is a right to cure it. If it is a minor or curable breach, and the lessee can cure it, then the lessee may have defenses to an alleged breach claim.

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