ground rent
ground rent n
1: the rent paid by a lessee for the use of land esp. for building
2: a rent charge reserved to himself or herself or his or her heirs by the grantor of land in fee simple, on perpetual lease, or on lease for a renewable term of years
Ground rent in this sense is found chiefly in Pennsylvania and Maryland.

Merriam-Webster’s Dictionary of Law. . 1996.

ground rent
n.
Rent paid for the use of land, usually to build on it.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


ground rent
rent reserved under a lease, usually for a long term of years, by lessor and payable by whomsoever will be the lessee for the time being; the lessee may assign his terms subject to the ground rent. Ground rent is often reserved in respect of building leases under which the lessee will erect buildings that, at the termination of the lease, will become, together with the land, the property of the lessor.

Collins dictionary of law. . 2001.


ground rent
Originally, rent that was supposed to reflect only the value of the ground that was being let, ignoring any building on it. The term is now frequently used to mean a low or nominal rent, usually one paid under a long lease that was granted in return for a premium. The landlord gets a capital sum for the lease, so there is no reason for the tenant to pay a full market rent for the property as well. Often, the ground rent is simply a convenient figure, and has little bearing on the value of the land.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


ground rent
Perpetual consideration paid for the use and occupation of real property to the individual who has transferred such property, and subsequently to his or her descendants or someone to whom the interest is conveyed.

Dictionary from West's Encyclopedia of American Law. 2005.


ground rent
Perpetual consideration paid for the use and occupation of real property to the individual who has transferred such property, and subsequently to his or her descendants or someone to whom the interest is conveyed.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Look at other dictionaries:

  • Ground rent — ground ground (ground), n. [OE. ground, grund, AS. grund; akin to D. grond, OS., G., Sw., & Dan. grund, Icel. grunnr bottom, Goth. grundus (in composition); perh. orig. meaning, dust, gravel, and if so perh. akin to E. grind.] 1. The surface of… …   The Collaborative International Dictionary of English

  • ground rent — ➔ rent2 * * * ground rent UK US noun [C or U] PROPERTY ► money paid by the owner of a building or apartment to the person who owns the land on which it has been built: »He almost lost his home because of unpaid ground rent …   Financial and business terms

  • ground rent — ground rents N VAR Ground rent is rent that is paid by the owner of a flat or house to the owner of the land on which it is built. [mainly BRIT] How much is the annual ground rent?... Ground rents are likely to escalate over time …   English dictionary

  • ground rent — Rent payable under a lease that has been granted or assigned for a capital sum (premium). Normally, long leases on offices, flats, etc. , are granted for such a premium, payable when the lease is first granted; in addition the leaseholder pays… …   Big dictionary of business and management

  • ground rent — n [U and C] rent that you pay to the person who owns the land that your house, office etc is built on …   Dictionary of contemporary English

  • ground rent — ground′ rent n. the rent at which land is let to a tenant either for a long term or perpetually • Etymology: 1660–70 …   From formal English to slang

  • ground rent — ► NOUN Brit. ▪ rent paid by the owner of a building to the owner of the land on which it is built …   English terms dictionary

  • ground rent — n. Chiefly Brit. rent paid for land on which the occupant can build or make improvements …   English World dictionary

  • ground rent — ground ,rent noun count or uncount BRITISH money paid by someone who lives or works in a building to the owner of the land that the building is on …   Usage of the words and phrases in modern English

  • Ground rent — A ground rent, sometimes known as a rentcharge or a chief rent in North West England, see [http://www.gos.gov.uk/gonw/PeopleSustainableCommunities/Housing/Rentcharges/ Government Office for the North West] Retrieved on 2008 02 06] is a regular… …   Wikipedia

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