ground rent

ground rent
ground rent ground rent rent2

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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. 2012.

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Look at other dictionaries:

  • 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… …   Law dictionary

  • 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 — 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 [ Government Office for the North West] Retrieved on 2008 02 06] is a regular… …   Wikipedia

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