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Real Estate Glossary

Ground rent

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Richard Wilson
Written by Richard Wilson

This is the rent that is paid to the owner for use of a land in order to construct a building. Typically, the arrangement for this is a long term lease while the owner retains the title to the land.

This is the rent that is paid to the owner for use of a land in order to construct a building. Typically, the arrangement for this is a long term lease while the owner retains the title to the land.

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Richard Wilson

Richard Wilson

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