Modern ground rent
Modern ground rent is a type of ground rent that leaseholders of houses pay per year on the extended portion of their lease. The amount is calculated using a formula set in legislation and it can sometimes be higher than the ground rent on the original lease. See also ground rent and Leasehold Reform (Ground Rent) Act 2022.
For further information visit Leasehold Reform (Ground Rent) Act 2022: Guidance for leaseholders, landlords and managing agents.
[edit] Related articles on Designing Buildings
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