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 ?
SE[micro]nke Schwartz, who previously has worked as a certified tax advisor and auditor for Deloitte and KPMG, is also a co-founding managing partner of Continuum Capital and has been structuring ground rent investments and the EUR 300 mn securitisations of the German Ground Lease Finance SPVs with Michael Jung.
Scores of people there have refused to pay ground rent to the Lucan estate since the lord disappeared 24 years ago.
The auction included a mixed variety of lots including houses with vacant possession, freehold ground rent investments, plots of land and garage blocks with rental money coming in from the let lock-ups.
Sinn Fein TD Arthur Morgan says: "The ground rents for such buildings around the country adds up to millions when totted up over 3,500 years.
He also defied his party in abstaining from an Opposition vote on ground rents in South Wales.
Braemar has bought the freehold through its Channel Islands-listed Ground Rents Fund.
The apartment -- which, like everything in Battery Park City, is in a land-lease building -- has some of the higher ground rents in the area, contributing to common charges of $2,003 a month, or $1.
It now controls apartment buildings in several cities, collecting ground rents from the owners of individual apartments and in return taking on responsibility for the buildings' maintenance.
Mayo, have protested for years against paying ground rents to the Lord Lucan Estate.
Tony Webber, of Eddisons, said: 'Retail investments, land, public houses, industrial ground rents, former school premises, garage investments, tenanted and vacant houses and flats are all well represented and are very much priced to sell.
Require landlords to demand ground rents before taking any action ( or imposing any penalties ( as a result of late payment.
SWEEPING changes are to be made to outlaw crippling ground rents in the Republic.