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单词 ground annual
释义

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

ground annual


ground annual

in 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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更新时间:2025/1/31 14:45:13