Value Our Opinion
Ground Lease Arbitration
We are experienced in assignments involving ground rent, which is an amount paid for the right to use and occupy the land according to defined lease terms. Acting for both landlords and tenants, gsi has been involved in several high-profile ground lease arbitrations, many of which involved office buildings on leased land in Toronto’s core. Given our expertise in real estate appraisal and our experience in litigation-related disputes, gsi has been appointed as an arbitrator in ground lease litigations. An example of this was the ground lease dispute involving the Centre for Addiction and Mental Health (CAMH) in downtown Toronto. Our experience interpreting ground lease terms, which typically involves decades-old ground lease agreements, has proven instrumental in these types of assignments.