Just wanted to know about ground rent

Guest

I am asking this question just out of curiosity. I was in a party and there my friends were talking about something called ground rent. Can you tell me what is this ground rent?

Roger

Samantha · Posted: Tue Nov 15, 2005 1:53 am Post subject: RE:

Hi Donald,

Welcome to MortgageFit Forums.

Ground rent is the income generated from the lease of the ground and not any building or any other improvement on that ground. Ground rent is quite common in case of mobile home parks where the housing units may be owned by an individual but the land is offered as rent from the mobile home park owner.

God Bless You.

Thanks,
Samantha

Guest

How do i calculate ground rent for a filling station

jerry · Posted: Fri Dec 19, 2008 4:03 am Post subject:

Hi amey,

Your landowner who have leased you the property or rented it to you, should have told you about the rent that you need to pay him. Didn't your landowner tell you about the rent?

Thanks,

Jerry

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