ground rent
Lease land payment
Ground rent is a periodic payment made by someone who owns a building but not the land beneath it.
Common in leasehold property arrangements, especially in Britain, where a landowner retains ownership of the ground while another party owns the structure: The flat costs £200,000 plus £300 annual ground rent.
The arrangement can last decades or centuries.
Property owner renting out
- tenantOne who rents property
- leaseholdRented property interest
- freeholdPermanent property title
- covenantBinding formal pledge
tenure · tenancy · occupancy · lessee · lessor · freeholder · leaseholder · peppercorn
Property and grounds
- realtyImmovable property ownership
- premisesProperty with buildings
- plotStoryline or land parcel
- parcelWrapped item for shipping
development · flat · apartment · block · residential · commercial · site · land
Granting citizenship rights
- abolitionFormal discontinuation of practice
- capCovering for top
- peppercornDried spice berry
- scandalDisgraceful public affair
unfair terms · consumer protection · legislation · tribunal · regulation · campaigning
Overdue financial obligations
- annualOccurring every year
- quarterlyFour times annually
- invoiceItemized billing statement
- installmentPeriodic partial payment
due date · collection · escalation · fixed · variable · indexed · redemption · buyout
landlord
Property owner renting out
covenant · tenure · tenancy · occupancy · lessee · lessor · freeholder · leaseholder · peppercorn · enfranchisement
estate
Property and grounds
parcel · development · flat · apartment · block · residential · commercial · site · land · surveyor
enfranchisement
Granting citizenship rights
- abolitionFormal discontinuation of practice
- capCovering for top
- peppercornDried spice berry
scandal · unfair terms · consumer protection · legislation · tribunal · regulation · campaigning
arrears
Overdue financial obligations
installment · due date · collection · escalation · fixed · variable · indexed · redemption · buyout · capitalized
- real estatehouse, home, apartment, property, sale
- housing costsmortgage interest, mortgage insurance, property insurance, home insurance, electricity
- rent
- UK Propertyfreehold, leasehold, estate agent, council house, terraced house
- rental incomelease payments, land lease, parking fees, storage fees
- tenancytenant, tenancy, lease agreement, landlord, tenancies
rent, ground, background, underground, playground, grinding, renter, rental, grounded