Ground Lease Agreement

The Community Land Trust Model Ground Lease

The Olympic Housing Trust uses the 2011 model ground lease approved by government lenders, Fannie Mae and Freddie Mac, as a template for all resale restricted home buyers. The agreement was produced by the Grounded Solutions Network, and it details the unique ground lease arrangement between the community land trust (OHT in our case), and the eligible home buyer.

You can review and download the model ground lease here:

2011 Model Ground Lease

Freddie Mac has additional information available for CLT homeowners:

Freddie Mac’s CLT Mortgages webpage