ground rent (English, noun)
expansion: ground rent (countable and uncountable, plural ground rents)
Senses:
topics: business
law
real-estate
glosses: 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.
tags: countable
uncountable
topics: law
qualifier: Maryland
glosses: Rentcharge.
tags: Pennsylvania
countable
uncountable
Forms:
form: ground rents
tags: plural