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Answer for the clue "Payment for lease of land ", 11 letters:
ground rent

Alternative clues for the word ground rent

Word definitions for ground rent in dictionaries

WordNet Word definitions in WordNet
n. payment for the right to occupy and improve a piece of land

The Collaborative International Dictionary Word definitions in The Collaborative International Dictionary
ground \ground\ (ground), n. [OE. ground, grund, AS. grund; akin to D. grond, OS., G., Sw., & Dan. grund, Icel. grunnr bottom, Goth. grundus (in composition); perh. orig. meaning, dust, gravel, and if so perh. akin to E. grind.] The surface of the earth; ...

Wiktionary Word definitions in Wiktionary
n. (context legal real estate English) rent pay for the land, usually for a long-term lease or in perpetuity, where the land-owner and the owner of improvements are different; the improvements are effectively security for the payment of the rent.

Wikipedia Word definitions in Wikipedia
As a legal term, ground rent specifically refers to regular payments made by a holder of a leasehold property to the freeholder or a superior Leaseholder, as required under a lease . In this sense, a ground rent is created when a freehold piece of land ...

Longman Dictionary of Contemporary English Word definitions in Longman Dictionary of Contemporary English
noun EXAMPLES FROM CORPUS ▪ Amounts of ground rent , other rents and premiums must also be disclosed with the frequency of rent reviews. ▪ Cash Flow: Club expenses include wages, transfer fees and ground rent . ▪ The committee offered £300 plus £1 a year ...

Usage examples of ground rent.

Allotments are to be made at a public auction to the highest bidder of an annual ground rent&mdash.

Allotments are to be made at a public auction to the highest bidder of an annual ground rent—.

Certainly he could rent it out for a good sum, and it was a freehold, meaning that in buying the house he'd also own the land, instead of paying ground rent to the Duke of Westminster.

Certainly he could rent it out for a good sum, and it was a freehold, meaning that in buying the house he'd also own the land, instead of paying ground rent to the Duke of West­.

It were well, he said, to be there early, and anticipate certain indistinct but wholly unjust claims on the score of ground rent and fuel.

The ground rent itself into towering slabs of concrete that threatened to topple onto his prostrate form.

The ground rent is in any case going to be raised considerably, but if Gowery changes his mind and wants to sell that land for development, there's nothing we can do about it.

In the summer of 1982, they received a notice that the ground rent on the hut was to be raised from 50p a year to £.