Last Updated
:2025/11/22
ground rent
Noun
countable
uncountable
Pennsylvania
Japanese Meaning
土地所有者と建物等の所有者が分離している場合、土地の表面権(または土地権益)に基づいて、長期または永久に支払われる賃料(地代)として理解される。
Sense(1)
Sense(2)
( plural )
Quizzes for review
(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.
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ground rent
The developer agreed to pay a fixed annual ground rent for the property beneath the shopping center.
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The developer agreed to pay a fixed annual ground rent for the property beneath the shopping center.
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