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ground rent
(redirected from ground rents)

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.02 sec.
ground rent

The rent paid under a ground lease.



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The sale or leasing of their development rights, if properly structured and marketed, could bring in billions of dollars in purchase prices plus large secure steady income streams from ground rents, retail overages, and related sources.
The Conference Committee gave the Treasury the authority to classify as nonpassive (1) income from ground rents that produce income without significant expenses; (2) relatedparty leases on property used in a business activity and creating passive income; and (3) activities previously generating active business losses that the taxpayer intentionally sought to treat as passive at the time when they generated net income.
last week declared Chapter 11 bankruptcy, unable to pay ground rents on at least two of the 40-odd Vagabond Inn motels it owns and operates, including one in Woodland Hills.
 
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