Phrases with «ground rent»

"ground rent" refers to the regular payment made by someone who leases or owns a property to the owner of the land on which the property is built. It is a fee for using the land, and is often paid annually or on a recurring basis. Full definition

Sentences with «ground rent»

  • But the assessment of what level of ground rent is reasonable poses a number of challenges. (modernlawmagazine.com)
  • Some lenders offer an indication that ground rents which exceed 0.1 % of the property value or those which double (or more) at set intervals would fall into this category. (modernlawmagazine.com)
  • The consequences may also be felt much sooner, as we have already seen multiple lenders restricting their lending on properties with adverse ground rent provisions. (modernlawmagazine.com)
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