A long-term lease of land only, under which the tenant constructs and owns improvements on the land for the lease duration, with improvements reverting to the landlord upon expiration. New Jersey's balanced legal climate creates specific considerations for GLA drafting and enforcement.
Analyze Your GLA Free →New Jersey enforces non-competes under common law reasonableness standard; legislation to restrict them has been pending.
New Jersey courts apply three-part reasonableness test: legitimate interest, reasonable scope, not injurious to public.
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