What does ground rent mean?
Definitions for ground rent
ground rent
This dictionary definitions page includes all the possible meanings, example usage and translations of the word ground rent.
Princeton's WordNet
ground rentnoun
payment for the right to occupy and improve a piece of land
Wiktionary
ground rentnoun
Rent 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.
Samuel Johnson's Dictionary
Ground-rentnoun
Rent paid for the privilege of building on another man’s ground.
A foot in front, and thirty-three five sevenths deep, would bring in a ground-rent of five pounds. John Arbuthnot, on Coins.
ChatGPT
ground rent
Ground rent refers to the payment a leaseholder makes to a freeholder in order to lease a piece of land or property. This term is often used in real estate to describe the fee an individual or business pays to a landowner for the use of a parcel of land over a specified lease period. It does not include payments for buildings or improvements to the land. Ground rent is usually a fixed amount and is typically agreed upon on a yearly basis.
Wikidata
Ground rent
Ground rent, sometimes known as a rentcharge, is a regular payment made by the owner of a leasehold property to the freeholder, as required under a lease. A ground rent is created when a freehold piece of land or a building is sold on a long lease or leases. The ground rent provides an income for the landowner. A building can be either sold as a single house or divided as flats. Ground rent should not be confused with Chief Rent payable on some freehold property in North West England.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of ground rent in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of ground rent in Pythagorean Numerology is: 1
Translations for ground rent
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"ground rent." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/ground+rent>.
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