Definitions
There is 1 meaning of the phrase
Ground Rent.
Ground Rent - as a noun
Payment for the right to occupy and improve a piece of land
Example Sentences
"The ground rent on the property was due at the end of each month."
"The tenant had to pay a monthly ground rent to the landlord."
"The ground rent for the commercial space was set at a fixed amount per square foot."
"The lease agreement included provisions for annual adjustments to the ground rent."
"The ground rent increased by 5% after the initial five years of the lease."
