ground rent


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ground rent

n. Chiefly British
Rent paid for land to be used chiefly for building.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

ground rent

n
(Law) law the rent reserved by a lessor on granting a lease, esp one for a long period of years
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

ground′ rent`


n.
the rent at which land is let to a tenant either for a long term or perpetually.
[1660–70]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.ground rent - payment for the right to occupy and improve a piece of land
rent - a payment or series of payments made by the lessee to an owner for use of some property, facility, equipment, or service
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

ground rent

n (Brit) → canone m di affitto di un terreno
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
Both Reckson Plaza and the adjoining development site are subject to a long-term ground lease from the County of Nassau in excess of 75-years with current annual ground rent of $0.53 per square foot.
| The council may own the freeholds and levy a small ground rent, but the occupational rents are set by the long leaseholders, in many cases financial institutions and not necessarily based in the UK.
We were horrified to learn this year that, under the terms of our lease, our ground rent can be reviewed after 21 years.
It would therefore seem a little ironic if legislation was brought in to protect leaseholders in England only for Welsh-based leaseholders to be left open to possible eye-watering hikes in their ground rent.
It was decided that the ground rent will be waived off as it was the CDA's fault to not hand over possession of the land to the army for the construction of offices, a CDA official told Dawn.
She said: "Three months ago, a neighbour knocked at our door and asked us if we knew our ground rent was to double in January, 2018.
The sale includes nine lots put up by local authorities - one for Birmingham, six for Walsall and two for Wolverhampton - nine residential investments, six commercial investments, one freehold ground rent and a host of houses and flats.
Q We used to pay our ground rent to a man who collected from one half of the street.
Graham Beastall, who manages the 4th Glasgow Scouts group, said: "In the past, the local council has been supportive of our youth work and held our ground rent at a low level in recognition of our contribution to the local community.
ATTRACTIVELY presented, this modern first floor apartment in Stoke is to be sold with 50 per cent ownership and the remaining 50 per cent on a monthly rent of pounds 282 to the Orbit Housing Association including ground rent and maintenance charge.