ground rent


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ground rent

The legally-contracted rent paid annually according to the terms of a ground lease.
References in periodicals archive ?
The proposed huge increase in ground rent is not affordable and threatens the continued existence of the Scout group.
The company views the currently restrictive financing markets and the tax environment as particular conducive for the application of ground rent investments structures.
The Company anticipates that the non-cash adjustment will increase reported ground rent expense by approximately $1.
Local people will be absolutely appalled that they should have to pay ground rent to an absentee landlord.
Using the property data collected, Stewart built a fiscal cadastre and worked with local appraisers to design a valuation model for the land, testing the model against the pilot fiscal cadastre, and using the FVS to estimate the potential ground rent.
The firm has disposed of its UK Ground Rent Estates (3) subsidiary, totalling PS9m worth of ground rent assets, to a City-based institutional investor, a deal which includes property at Salford Quays, Manchester.
A Yes she can but it could be expensive and it's probably not worth it unless she pays a high ground rent or the lease is short, or contains some inconvenient restrictions.
The proposal would allow KPT to focus on its core business and would obviate the need to deploy human resources, which is scarce, for collecting ground rent.
The sale includes nine lots put up by local authorities - one for Birmingham, six for Walsall and two for Wolverhampton - nine residential investments, six commercial investments, one freehold ground rent and a host of houses and flats.
EXTRA ground rent could be charged to investors to make the Maze Conflict Resolution Centre financially viable, MLAs have been told.
We bought our leasehold property in July last year and have paid ground rent and service charge from that date.
ATTRACTIVELY presented, this modern first floor apartment in Stoke is to be sold with 50 per cent ownership and the remaining 50 per cent on a monthly rent of pounds 282 to the Orbit Housing Association including ground rent and maintenance charge.