{"data":{"id":"us-pa/20-pa.c.s.-7312","jurisdiction":"us-pa","citation":"20 Pa.C.S. § 7312","heading":"Ground rent.","body":"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.","path":["Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES","CHAPTER 73 MUNICIPALITIES INVESTMENTS"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=20\u0026div=0\u0026chpt=73\u0026sctn=12\u0026subsctn=0","current_through":"2026-03-18 (Statute Update stamp, 20 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:31:33Z","sha256":"242f1936fea04cf56302da2cbe79226359a7c1dfce783383c647a7b9da5f8361","source_id":"us-pa","stale":false,"prev":"us-pa/20-pa.c.s.-7311","next":"us-pa/20-pa.c.s.-7313"},"notice":"GroundRules: Original legal text. Not legal advice."}