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	GROUND RENT - LoveToKnow Article on GROUND RENT
		In Roman law, ground rent (solarium) was an annual rent payable by the lessee of a super ficies or perpetual lease of building land.
		But at the present time the accepted meaning of ground rent is the rent at which land is let for the purpose of improvement by building, ie.arent charged in respect of the land only and not in respect of the buildings to be placed thereon.
		The grantee of such a ground rent may mortgage, sell, or otherwise dispose of the grant as he pleases; and while the rent is paid the land cannot be sold or the value of the improvements lost.
	www.1911encyclopedia.org /G/GR/GROUND_RENT.htm (680 words)

	Ground rent -- Facts, Info, and Encyclopedia article (Site not responding. Last check: 2007-10-10)
		These ground rents are (Property consisting of houses and land) real estate, and, in cases of (additional info and facts about intestacy) intestacy, go to the heir.
		The grantee of such a ground rent may (A conditional conveyance of property as security for the repayment of a loan) mortgage, sell, or otherwise dispose of the grant as he pleases; and while the rent is paid the land cannot be sold or the value of the improvements lost.
		Ground rents are also found in some portions of (A Mid-Atlantic state; one of the original 13 colonies) Maryland, primarily in the (The largest city in Maryland; a major seaport and industrial center) Baltimore area.
	www.absoluteastronomy.com /encyclopedia/g/gr/ground_rent.htm (811 words)

	GROUND RENT - Online Information article about GROUND RENT
		present time the accepted meaning of ground rent is the rent at which land is let for the purpose of improvement by building, i.e.
		property as property for which he paid a " ground rent," without any further explanation of the term, a purchaser would not be obliged to accept the property if it turned out to be held at a rack rent.
		Ground rents were formerly irredeemable after a certain time.
	encyclopedia.jrank.org /GRA_GUI/GROUND_RENT.html (1243 words)

	RENT - LoveToKnow Article on RENT (Site not responding. Last check: 2007-10-10)
		Various species of rent appear in Roman Law: rent (canon) under the long leasehold tenure of Emphyteusis; rent (red itus) of a farm; ground-rent (solarium); rent of state lands (vecligal); and the annual rent (prensio) payable for the jus superficiarum or right to the perpetual enjoyment of anything built on the surface of land.
		Rents in kind still exist to a limited extent; thus the corporation of London is tenant of some lands in Shropshire by payment to the crown of an annual rent of a fagot.
		Labor rents are represented by those cases, not unirequent in agricultural leases, where the tenant is bound to render the landlord a certain amount of team work or, other labor as a part of his rent.
	40.1911encyclopedia.org /R/RE/RENT.htm (5049 words)

	Ground Rent Guidance
		The Act provides for two schemes: a voluntary scheme which will allow someone who pays a ground rent to redeem it, and a compulsory scheme which requires the purchaser of residential property to buy out the ground rent before his or her title to the property can be registered in the Land Registry.
		Rent payers who wish to take advantage of the voluntary scheme will forward an application form to Land Registers along with the compensation money which is due to the rent owner, at the same time notifying the rent owner that the application has been made.
		The rent owner will be asked on the application form to confirm that he or she holds their share of monies in trust for them.
	www.lawsoc-ni.org /Specnotes/ground.htm (824 words)

	AllRefer.com - rent (Legal Terms And Concepts) - Encyclopedia
		Objects are rented for a limited period of time and are generally expected to be returned in their original condition.
		Critics of Ricardian theory, such as Henry George, argued that monopolistic control of rent was the cause of poverty, which could only be cured by converting private rights into public by the medium of a single tax on land.
		Ground rent is paid to a landowner for the lease of property, often under long-term leases (such as a 99-year lease).
	reference.allrefer.com /encyclopedia/R/rent.html (551 words)

	Capital, Vol.3, Chapter 39 (Site not responding. Last check: 2007-10-10)
		Differential rent may then form either an ascending or a descending sequence, for although the sequence is given for the totality of actually cultivated plots of land, a series of movements leading to its formation has invariably taken place.
		The respective rents are: D=190sh.-l0sh., or the difference between D and A; C=130sh.-l0sh., or the difference between C and A; B=7Osh.-10sh., or the difference between B and A; and the total rent for B, C, D=6 quarters=360 shillings, equal to the sum of the differences between D and A, C and A, B and A.
		Conversely, the average rent per acre and the average rate of rent on capital increase proportionately to the extent that better land constitutes a relatively greater part of the total area and therefore employs a relatively greater share of the invested capital.
	www.marxists.org /archive/marx/works/1894-c3/ch39.htm (6318 words)

	Live in Baltimore - Ground Rent
		Baltimore ground rents quickly became highly negotiable investments, in a time when savings accounts paid 2-3 percent, ground rents were considered dependable 6 percent investments, secured by the land and a first lien.
		If a householder defaults on the ground rent, the landlord has the right to take both the land and house, although this did not happen often as an individual would not risk losing their house over a minor annual payment.
		The State of Maryland passed the Residential Ground Rent Redemption law, effective January 1, 2004, that allows the owner of a single family residential property who is the tenant under a ground lease on that property to redeem the lease where there has been no communication from the landlord for three years.
	www.livebaltimore.com /hb/info/GroundRent (614 words)

	Marx, Capital, Volume III, Part VI, Chapter 45: Library of Economics and Liberty
		But differential rent is based upon the fact that private property in land exists, that the land monopoly is an obstacle of capital, for without it the surplus profit would not be converted into ground-rent and would not fall into the hands of the landlord instead of those of the capitalist tenant.
		So long as the rent is not equal to the excess of the value of agricultural products over their price of production, a portion of this excess would always enter into the general equalization and proportional distribution of all surplus-value among the various individual capitals.
		The rent, then, forms a portion of the value, or more specifically of the surplus-value, of commodities and instead of falling into the hands of the capitalists, who extract it from their laborers, it is captured by the landlords, who extract it from the capitalists.
	www.econlib.org /library/YPDBooks/Marx/mrxCpC45.html (6983 words)

	LEASE AGREEMENT REFERENCE GUIDE: LARG 380 GROUND LEASE STRATEGIES $24.95 (Site not responding. Last check: 2007-10-10)
		Often, ground lease deals are done for "in-fill" parcel developments, after the highest and best use for the property has radically changed, e.g., in the case of a race track or airport.
		A fixed rent schedule whereby the minimum ground rent is stipulated in a schedule for the entire lease term.
		The initial ground rent could be stipulated, but subject to some sort of index increase (e.g., the CPI or other financial index measuring inflation and/or purchasing power).
	www.leasingprofessional.com /Newlp/LARG/LRG380/largs380.htm (954 words)

	MSBA.org Publications: Bar Bulletin (Site not responding. Last check: 2007-10-10)
		Briefly, "ground rent" is money paid to the owner of land for the use of the property for a long-term lease (e.g., 99 years) with the lessor retaining title to the land.
		The second new law dealing with ground rent, Chapter 80 (Senate Bill 321), allows an owner of a ground rent to be reimbursed for certain expenses in the collection of past-due ground rent and in the preparation of an ejectment action.
		The law also imposes new notice requirements to benefit the ground rent tenant before the commencement of a formal collection action and limits the amount of expenses, up to $500, that a landlord may seek to be reimbursed in collecting past-due ground rent.
	www.msba.org /departments/commpubl/publications/bar_bult/2003/july03/lodge.htm (989 words)

	Property in Malta and Gozo - Sara Grech Real Estate Agents, Valuers and Surveyors (Site not responding. Last check: 2007-10-10)
		Ground rent is a charge imposed by an owner on a property.
		Normally ground rents are paid yearly (in advance or in arrears) and whenever a property subject to a ground rent is sold, a LAUDENIUM (recognition fee) is due on contract.
		Perpetual revisable ground rents are linked to a scale revision, usually every 25 years and usually according to the cost of living/value of the pound sterling.
	www.saragrech.com /page.asp?p=4819 (379 words)

	Ground Rent
		Ground rents originated in Maryland when ownership of land was concentrated among the founding families, who leased parcels to tenants under long-term leases.
		The houses were sold, subject to a ground lease that required the homeowner to pay a semiannual rent to the developer.
		Even if it’s not paid, the ground rent owner has to go through a court proceeding and give ample notice to the homeowner before any action can be taken that jeopardizes the homeowner’s rights to the property.
	www.benfrederick.com /Info/GroundRent.htm (848 words)

	Political Economy Primer
		Preference is given to the term Ground Rent since it sets off the difference in the meaning of rent in the popular sense of payment for the use of a house, office, automobile, furniture or other items of wealth.
		In the politico-economic sense, rent or ground rent is the return (or anticipated return) for the use of land exclusive of any or all improvements.
		At all times and places, ground rent is a surplus value dependent upon population and production which can be capitalized into land value in societies with a system of land tenure which encourage high selling prices for land.
	members.tripod.com /~physiocrat (3644 words)

	Marx: Capital Vol. 3 Chapter 37 (Site not responding. Last check: 2007-10-10)
		The tenant farmers clamoured for a reduction in rents.
		Whatever the specific form of rent may be, all types have this in common: the appropriation of rent is that economic form in which landed property is realised, and ground-rent, in turn, presupposes the existence of landed property, the ownership of certain portions of our planet by certain individuals.
		Rent can develop as money-rent only on the basis of commodity production, in particular capitalist production, and it develops to the same extent that agricultural production becomes commodity production, that is, to the same extent that non-agricultural production develops independently of agricultural production, for to that degree the agricultural product becomes commodity, exchange-value, and value.
	www.marxists.org /archive/marx/works/1894-c3/ch37.htm (7964 words)

	Ground Rent in Ireland (Site not responding. Last check: 2007-10-10)
		If you own a leasehold property, you must pay a ground rent to your landlord because he or she owns the ground it is built on.
		The principal legislation governing Ground Rents in Ireland is the Landlord and Tenant (Ground Rents) Act 1967 and Landlord and Tenant (Grounds Rents) Act 1978.
		There are a few unusual circumstances where it is not possible to buy out ground rents, if, for instance, it is not in the public interest, or if there is a specific clause in a lease preventing it, but these instances are rare.
	oasis.gov.ie /housing/buying_a_house_or_flat/ground_rent.html (1006 words)

	Ground Rent Redemption (Site not responding. Last check: 2007-10-10)
		Usually, the back rent and $500 would be held from the seller’s side of the settlement statement (because the obligation to pay the ground rent rests with the seller of the house).
		The new law provides that before the ground rent owner is entitled to collect expenses, the ground rent owner must first attempt to collect the back rent (without expenses) from the buyer.
		If 30 days pass without payment, the ground rent owner can claim all or part of the $500 expense fee by contacting the homeowner again, and by also notifying the title agent or attorney listed on the property deed or on the intake sheet recorded with the deed.
	imis.usfn.org /eUPDATE/UpClose-MD-Deutsch-Ground_Rent_Redemption.htm (330 words)

	Marx, Capital, Volume III, Part VI, Chapter 37: Library of Economics and Liberty
		This common element in the various forms of rent, namely that of being the economic realisation of property in land, a legal fiction by grace of which certain individuals have an exclusive right to certain pieces of the globe, misleads into overlooking the differences.
		Speaking strictly of real-ground rent, this rent, and with it the value of the soil, develops with the market for the products of the soil, and thus with the increase of the other than agricultural population, with its needs and demand for either means of subsistence or raw materials.
		Instead of explaining rent, such vagaries confine themselves to explaining merely surplus-value in general, or, still more absurdly, surplus-products in general, and on the other hand they make the mistake of ascribing a character, which belongs to all products in their capacity as commodities, to agricultural products exclusively.
	www.econlib.org /LIBRARY/YPDBooks/Marx/mrxCpC37.html (7559 words)

	Baltimore City Paper: ARTS (Site not responding. Last check: 2007-10-10)
		It's estimated that as much as half of the city's land may be subject to a ground rent.
		Ground rents might be bizarre, but they're generally quite benign.
		They would raise capital by creating ground rents on tracts of land they planned to develop, then sell the leases to investors, who would collect the rent payments from whomever bought a home on the site.
	www.citypaper.com /arts/story.asp?id=2490 (844 words)

	[No title]
		This paper argues that rent or transfer seeking is induced by the structure of government, which has remained fundamentally unchanged since the adoption of the U.S. Constitution.
		Rent or transfer seeking is thus an outcome of mass democracy, the existence of large pools of voters electing representatives who depend on expensive media campaigns.
		The government of California disposed of the land to rent seekers in a manner similar to the federal government, consistent with the hypothesis that the structure of government and voting engenders such rent seeking.
	www.foldvary.net /works/seeking.html (7802 words)

	X12J CMR Review - Detail
		The additional ground rent codes, 80 to 88, are to allow for growth in payee rolls.
		Ground rent leases are long-term leases, often for 99 years renewable forever at the option of the tenant.
		With a ground rent lease, the tenant is in a practical sense the owner of the property.
	www.x12.org /x12org/subcommittees/X12J/CMRX12J/Detail.cfm?intStartAt=1&intAreaID=283 (305 words)

	Ground Rent Information
		Yes, normally ground rents for 99 year leases renewable forever are redeemable.
		The amount to redeem your ground rent is based on the original ground rent lease and the laws of the State of Maryland.
		For example: Suppose the annual ground rent is $120.00 and created by a lease dated February 15, 1956.
	kingtitle.com /groundrent.htm (379 words)

	Chapter Chapter 2 of The Wealth of Nations by Adam Smith (Site not responding. Last check: 2007-10-10)
		The ordinary rent of land is, in many cases, owing partly at least to the attention and good management of the landlord.
		In Great Britain the rent of houses is supposed to be taxed in the same proportion as the rent of land by what is called the annual land-tax.
		In some few districts only, which were originally rated high, and in which the rents of houses have fallen considerably, the land-tax of three or four shillings in the pound is said to amount to an equal proportion of the real rent of houses.
	www.bibliomania.com /2/1/65/112/7067/15.html (771 words)

	Shelter: Ground rent (Site not responding. Last check: 2007-10-10)
		Most leaseholders have to pay ground rent to the freeholder as one of the conditions of their lease.
		Ground rent is a fee you have to pay to the freeholder as a condition of your lease.
		Most leases say the ground rent can be increased after a certain number of years.
	england.shelter.org.uk /advice/advice-188.cfm (570 words)

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