Good morning Vonna,
I hope this finds you well. Ground rent simply means that one person owns the land and a different person owns the structure/home. The person who owns the structure/home, must pay "rent" to the land owner in order to keep their structure/home on the land. We have several mobile home parks in Sussex County where the home owner does not own the land upon which the mobile sits and therefore pays a monthly rent to the land owner. Not all mobile homes are on rented ground though. There are several that are "fee simple" which means that you own the land.
If you have further questions or if this explanation is not clear, please feel free to give us a call any time.
THE MIKE KOGLER TEAM: