Our website is made possible by displaying online advertisements to our visitors.
Please consider supporting us by disabling your ad blocker.
Ground rent
As a legal term, ground rent specifically refers to regular payments made by a holder of a leasehold property to the freeholder or a superior leaseholder, as required under a lease. In this sense, a ground rent is created when a freehold piece of land is sold on a long lease or leases.[1] The ground rent provides an income for the landowner.[2] In economics, ground rent is a form of economic rent meaning all value accruing to titleholders as a result of the exclusive ownership of title privilege to location.[3][4]
- ^ see Department for Communities and Local Government
- ^ www.landlordzone: Ground rents
- ^ Weiner, Nadia. "Adam Smith's Recommendations on Taxation". Archived from the original on 12 October 2014. Retrieved 13 September 2014.
- ^ Paine, Thomas (1795). Agrarian Justice. Retrieved 13 September 2014.
Previous Page Next Page
