peppercorn rent

It was frequently used in medieval tenure documents as a means of payment of peppercorn rent for land.

Living in a large house he kept two housekeepers to whom he bequeathed a home on the estate for peppercorn rent upon his death.

The owner of the Vertigo building allows its use for an annual peppercorn rent of £1.

The church is now owned by the village on a peppercorn rent and is used for village services at least three times a year.

On 5 September 1995 it was sold to a management buyout, for a peppercorn rent; the cost of the sale was recorded as £0.3 million.

The club was granted a seven-year lease at peppercorn rent for its continued use.

If you don't actually own it, at least you hold the lease, and at a peppercorn rent too.

Another group of staff were able to help a local boxing club secure a long-term lease, at peppercorn rent, from Islington council.

A 31-year lease was signed at a peppercorn rent.

V grants a 999-year lease to P for no premium and a peppercorn rent.