what happens when a ground lease expires 
unless you or your landlord takes specific steps to end the agreement under the lease it will simply continue on exactly the same terms you do not need to do anything unless you receive a notice from your landlord the bottom linea ground lease is an agreement in which a tenant can develop property during the lease period after which it is turned over to the property owner ground leases commonly take place between commercial landlords who typically lease land for 50 years to 99 years to tenants who construct buildings on the property 1tenants who otherwise can t afford to buy land can build property with a ground lease while landlords get a steady income and retain control over the use and development of their property 