What is ground rent and when is it paid? Ground rent the sum payable to the freeholder or landlord under the terms of a residential lease. Crucially, this sum is not linked to services provided such as repairs, insurance, or management, it is simply a sum paid to the landowner that is set out in the contract (or lease) between the parties. It is usually paid annually or half-yearly, and can be a low and inoffensive amount, such as £10 a year and fixed for the duration of the term. Historically, ground rents were a token sum of this nature,...
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