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Code · Pennsylvania · Title 20 — DECEDENTS, ESTATES AND FIDUCIARIES · Chapter 73

§ 7312. Ground rent.

62 words·~1 min read·/pa/title-20/chapter-73/7312

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§ 7312. Ground rent.
A ground rent secured upon unencumbered improved real estate located within the Commonwealth shall be an authorized investment if the reserved annual rent, capitalized at the rate of 5% per annum, shall not exceed four-fifth of the fair value of the real estate out of which it issues, determined by appraisal, as in the case of mortgages.
20c7313s
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