Ground rent

noun

Word Frequency: 0.2

Definitions

1.nounRent paid for the land, usually for a long-term lease or in perpetuity, where the land-owner and the owner of improvements are different; the improvements are effectively security for the payment of the rent.

2.nounRentcharge.

Synonyms

ground annual terre-tenant chief rent location net lease rentcharge rack rent lease landgafol base rent pie crust lease arrentation

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