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Ground rent is a term for regular payments by a leaseholder to a freeholder, or for the value of land ownership. Learn about the history, valuation, and regulation of ground rent in the UK and other countries.
Lend-Lease was a policy under which the United States supplied the United Kingdom, the Soviet Union, France, the Republic of China, and other Allied nations of the Second World War with food, oil, and materiel between 1941 and 1945. The act was a decisive step away from non-interventionism and toward open support for the Allies, and its significance to Allied victory is debated.
Another common example is the English OR practice of "peppercorn rent", the nominal rental sum for property, land or buildings. Where a rental contract is put in place and the owner of the property wishes it to be rent-free, it is normal to charge a small sum as "peppercorn rent", because if the owner wants to lease the property, he must charge ...
A ground lease is a wasting asset to the leaseholder because the value of the property declines relative to its long lease value as the lease becomes shorter. In the absence of legislation allowing leaseholders to extend their lease the property would revert to the freeholder upon expiry of the lease at which point the value of the leaseholder ...
For example, suppose a tenant leases land for six months for ¤1,000 per month, and that two months into the lease, and the government condemns 25% of the land. The tenant will then be entitled to take a portion of the condemnation award equal to 25% of the rent due for the remaining four months of the lease—¤1,000, derived from ¤250 per ...
To understand and apply this criterion, you need familiarize yourself with what is included in the minimum lease payments and how the present value is calculated. The minimum lease payments include the minimum rental payments minus any executory cost, the guaranteed residual value, the bargain purchase option, and any penalty for failure to ...
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