Definition of ground rent
: the rent paid by a lessee for the use of land especially for building
First Known Use of ground rent
Legal Definition of ground rent
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
Additional Notes on ground rent
Ground rent in this sense is found chiefly in Pennsylvania and Maryland.
Seen and Heard
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