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ground rent. In DICTIOUS you will not only get to know all the dictionary meanings for the word
ground rent, but we will also tell you about its etymology, its characteristics and you will know how to say
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English
Noun
ground rent (countable and uncountable, plural ground rents)
- (law, real estate) Rent paid under a ground lease, usually long-term or in perpetuity, for a surface right or estate in land where the landowner (surface owner) and the owner of improvements (ground lessor) are separate; the improvements are effectively security for the payment of the rent.
1886, Peter Christen Asbjørnsen, translated by H.L. Brækstad, Folk and Fairy Tales, page 99:"You had better go to the devil and ask him for my ground-rent," he said.
- (law, Pennsylvania, Maryland) Rentcharge.
Translations
1. rent under a ground lease for a surface estate, paid by a ground lessor to a surface owner