Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

ground rent

1. Rent paid by a tenant under a long-term lease for the use of undeveloped land, usu. for the construction of a commercial building. See ground lease under LEASE. 2. An inheritable interest, in rental income from land, reserved by a grantor who conveys the land in fee simple. ( This type of ground rent is found primarily in Maryland and Pennsylvania.

ground rent.

See RENT (1).