State Codes and Statutes
Statutes > Pennsylvania > Title-20 > Chapter-73 > 7312 § 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.
