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Three Ways to Best Protect Your

Position as Master Lessee

Here are three ways to protect your position as master lessee during the lease

period:

1. Record a memorandum of lease, like the sample in Chapter 5, to give the

public constructive notice that you have a leasehold interest in the property.

2. Buy a leasehold owner 's title insurance policy to insure your leasehold interests—

rights of possession and use of the premises—as provided for in your

master lease agreement.

3. Buy a general liability insurance policy to cover you in the event that

someone files a lawsuit for alleged damages sustained while on your

leased property.


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