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

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

From The Wall Street Journal ● May 26, 2026

One said their flat had become "effectively worthless" as their ground rent was now more than £500 and increasing every year, leaving them unable to move.

From BBC ● May 26, 2026

It criticised the ground rent cap as a "wholly unjustified interference with existing property rights".

From BBC ● Jan. 27, 2026

As part of the government's reforms, ground rent will be capped at £250, before falling to a "peppercorn" rate - effectively zero - after 40 years.

From BBC ● Jan. 27, 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