Legal Definitions - ground annual

Definition: Ground annual refers to a type of rent that is paid by a tenant to the owner of the land on which a building or property is located. It is also known as ground rent or feu duty.

Example: If a person owns a house but not the land it is built on, they may have to pay ground annual to the landowner. For instance, if the ground annual is $500 per year, the tenant will have to pay this amount to the landowner in addition to any other expenses related to the property.

Explanation: The example illustrates how ground annual works in practice. The tenant is responsible for paying the landowner a fixed amount of money each year for the right to use the land. This payment is separate from any other expenses related to the property, such as maintenance or repairs.