ground rent (Meaning)
Wordnet
ground rent (n)
payment for the right to occupy and improve a piece of land
Synonyms & Antonyms of ground rent
No Synonyms and anytonyms found
ground rent Sentence Examples
- The leasehold property had a ground rent of £250 per annum.
- The ground rent was payable to the landlord every six months.
- The ground rent was a burden on the leaseholder, reducing the value of the property.
- The leaseholder was responsible for paying the ground rent, even if they did not live in the property.
- The ground rent could be increased under certain circumstances, such as when the property was sold or rebuilt.
- Ground rents were once common in many parts of the UK, but they are now becoming less common.
- The government has proposed reforms to ground rents, including a cap on the maximum amount that can be charged.
- Some leaseholders have been able to challenge their ground rents in court and have had them reduced or removed.
- The ground rent issue has led to a number of lawsuits and legal battles.
- The Law Commission has recommended that ground rents should be abolished in England and Wales.
FAQs About the word ground rent
payment for the right to occupy and improve a piece of land
No synonyms found.
No antonyms found.
The leasehold property had a ground rent of £250 per annum.
The ground rent was payable to the landlord every six months.
The ground rent was a burden on the leaseholder, reducing the value of the property.
The leaseholder was responsible for paying the ground rent, even if they did not live in the property.