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Simple English definitions for legal terms

ground landlord

Read a random definition: fair-and-equitable requirement

A quick definition of ground landlord:

A ground landlord is someone who owns the land on which a building is constructed and receives rent from the tenant who uses the land. Rent is money paid by someone to use or occupy property, like a house or a piece of land. Ground rent is a type of rent paid by a tenant under a long-term lease for the use of undeveloped land, usually for the construction of a commercial building.

A more thorough explanation:

Definition: The grantor of an estate on which ground rent is reserved. Ground rent is rent paid by a tenant under a long-term lease for the use of undeveloped land, usually for the construction of a commercial building. It can also refer to a heritable 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.

Example: A developer leases a piece of land from a ground landlord for 99 years to build a shopping center. The lease agreement includes a provision for the payment of ground rent to the ground landlord. The developer pays the ground rent annually to the ground landlord for the duration of the lease.

Explanation: In this example, the ground landlord is the grantor of the estate on which the shopping center is built. The developer pays ground rent to the ground landlord for the use of the land. This is a common arrangement in commercial real estate, where developers may not have the capital to purchase land outright but can lease it for a long period of time.

ground annual | ground-law

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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