English Explanatory Dictionary

ground rent

English dictionary entry

Meanings

noun
  1. Rent paid under a ground lease, usually long-term or in perpetuity, for a surface right or estate in land where the landowner (surface owner) and the owner of improvements (ground lessor) are separate; the improvements are effectively security for the payment of the rent.
  2. Rentcharge.

Word forms

ground rent ground rents
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