Ground annual
(Scots Law) | an estate created in land by a vassal who instead of selling his land outright reserves an annual ground rent, which becomes a perpetual charge upon the land. |
See also: ground
单词 | ground annual | ||
释义 | Ground annual
See also: ground ground annualground annualin Scotland, and prior to 1974, a form of pecuniary real burden. A contract of ground annual was the sale of land to be paid for by annual payments in perpetuity. |
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