Model CLT Ground Lease

2011 CLT Network Model Ground Lease

On November 11, 2010, the National CLT Network released the first major revision to the model ground lease.  Formally titled the "2011 CLT Network Model Ground Lease", this document updates the 2002 ICE Model Ground Lease, and provides a variety of options for setting the ground lease resale formula.  The Model Ground Lease is part of the CLT Technical Manual, and is best understood in the context of that publication.

The 2011 CLT Network Model Ground Lease was formally approved by Fannie Mae in January 2011 for use with Fannie Mae mortgage products.

A Microsoft Word version of the 2011 CLT Network Model Ground Lease is also available to CLT Network members and supporting partners using the link below.

Downloads

• 2011 CLT Network Model Ground Lease (pdf)
• Editable Version - 2011 CLT Network Model Ground Lease (doc)
  
• Ground Lease Commentary (pdf)

Links

• Fannie Mae CLT Materials

2002 ICE Model Ground Lease

The 2002 ICE Model Ground Lease is still approved for use with Fannie Mae loan products.

• 2002 ICE Model Ground Lease (pdf)