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ground rent

Line breaks: ground rent

Definition of ground rent in English:


[mass noun] British
Rent paid under the terms of a lease by the owner of a building to the owner of the land on which it is built.
Example sentences
  • The review uncovered the fact that many 99-year ground rent leases granted by the previous laird had not been properly converted to full title when the houses that stood upon the land were sold.
  • The group has repeatedly tried to pay ground rent at the original rates but have had their cheques returned to them.
  • They will be privately owned, with leasehold tenure and ground rent for the land.

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