ground rent

American  

noun

1. the rent at which land is let to a tenant either for a long term or perpetually.

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ground rent British  

noun

1. law the rent reserved by a lessor on granting a lease, esp one for a long period of years

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Etymology

Origin of ground rent

First recorded in 1660–70

Example Sentences

See Examples For:

ground rent

Leaseholders are also legally obliged to pay ground rent - a fee paid for the land beneath their building - to the freeholder.

From BBC ● Jul. 7, 2026

Occupants pay up to $55,000 upfront, plus annual ground rent and service fees.

From The Wall Street Journal ● May 26, 2026

Another said their flat was "unmortgageable and therefore unsaleable" because of the high ground rent, which meant they had to delay starting a family as they could not afford a second mortgage.

From BBC ● May 26, 2026

She said ongoing costs including maintenance charges, ground rent and council tax created a "real money drain".

From BBC ● May 22, 2026

The park men charge a small ground rent plus fees for water and electricity.

From "Travels with Charley in Search of America" by John Steinbeck