ground rent

noun

Definition of ground rent

  1. :  the rent paid by a lessee for the use of land especially for building

First Known Use of ground rent

1667


Law Dictionary

ground rent

noun

Legal Definition of ground rent

  1. 1 :  the rent paid by a lessee for the use of land especially for building

  2. 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.


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