GROUND RENT VIDEO

Check out our animated video explaining the Ground Rent!

Ground rent is payable on leasehold land. It is a fee that is paid by the owner of the house to the owner of the land on which it is constructed.

One of the most important things to know when you buy a house subject to a ground rent is that you are not buying the property for fee simple. But only leasing the land under a long term lease (typically 99 years).

Maryland is one of the only states where the ground lease was used occasionally, Primarily in Baltimore. .

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